Businessweek (January 6, 2012)
2012/ 01/ 08 by jd in Global News
Japan was the first country in the Asia Pacific region to allow proprietary platforms to compete with traditional exchanges and these platforms have had a stellar year. “Volume on SBI Japannext and Chi-X Japan since the March 11 earthquake has been triple the level seen in the year leading up to the natural disaster.” In contrast, trading on the Tokyo Stock Exchange declined by roughly 19%. Altogether the proprietary markets accounted for 7.8% “of the volume in Topix Index stocks last year, up from 6 percent in 2010.”
Tags: Asia Pacific, Chi-X, Japan, SBI Japannext, Trading platforms, TSE
