ODX completes registration as Type 1 Financial Instruments Business Operator
Osaka Digital Exchange Co., Ltd. (ODX) announces the completion of its registration as Type 1 Financial Instruments Business Operator.
ODX has been structuring its business scheme, operational process, and IT infrastructures, aiming to establish Proprietary Trading System (PTS) for equities and Venue for Security Token (ST) since its establishment. This completion of registration is a great step for starting its new business.
ODX has been preparing to gain final approval for PTS operation for equities and discussing the rules and structures with related parties for establishment of Venue for ST.
Osaka Digital Exchange was established by major financial institutions, aiming to launch a new PTS for equities and the first Exchange for STOs in Japan and contribute to facilitating the capital market in Japan.
ODX shareholders include:
- SBI PTS Holdings – 70%
- Sumitomo Mitsui Financial Group – 20%
- Nomura Holdings – 5%
- Daiwa Securities Group – 5%