Financial services provider Virtu Financial announced Wednesday that its Triton Valor execution management system (EMS) has established direct connectivity to CONNEQTOR, the Tokyo Stock Exchange’s platform for trading exchange-traded funds (ETFs).
Virtu Financial Connects Triton Valor EMS to Tokyo Stock Exchange’s CONNEQTOR
Triton Valor is a global, multi-asset EMS that enables traders to execute trades across various asset classes, including equities, ETFs, futures, options, FX, and fixed income.
The system is designed to meet the needs of active traders and provides tools to assist them in achieving their trading objectives.
CONNEQTOR was developed by the Tokyo Stock Exchange as a platform for investors to trade large-scale ETF transactions more efficiently.
“CONNEQTOR was developed as a platform for investors, which will allow institutional investors to trade ETFs faster and more efficiently,” commented Hiroki Kawai, a Senior Executive Officer at TSE. “Connection with Virtu’s Triton EMS allows more investors to access real-time and deep ETF liquidity.”
Steve Cavoli, Global Head of Execution Services at Virtu Financial, stated: “A growing number of clients trading Japanese ETFs rely on Virtu’s global, broker neutral, multi-asset EMS for liquidity sourcing, execution analytics, and workflow solutions for their trading desks.
“We added TSE’s CONNEQTOR protocol in response to our clients’ requests for access to new, innovative liquidity sources for their ETF trading.”
The partnership between Virtu Financial and the Tokyo Stock Exchange is expected to further enhance the trading experience for investors seeking to trade ETFs in the Japanese market.
