NRI's Order Management System to Directly Connect to TSE's ETF Electronic Platform

Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, and Tokyo Stock Exchange, Inc. (TSE) have agreed to directly connect NRI's order management system to TSE's electronic platform for ETFs, CONNEQTOR. NRI provides asset management companies with SmartBridge Advance (SBA), an order management system for securities (OMS), which will be the first OMS directly connected to CONNEQTOR.

This direct connection will enable asset management traders to automatically transmit the order data input into SBA to CONNEQTOR and immediately and reliably execute trades with market makers around the world on CONNEQTOR. As a result, it is expected to reduce costs in ETF trading and help asset management companies streamline their business operations.

The direct link between CONNEQTOR and SBA will enable asset management companies to access ETF markets more easily and efficiently, which is expected to vitalize the ETF market. Starting with this collaboration, TSE and NRI will continue to help create a more efficient and convenient market environment.