Fujitsu to develop ETF trading platform based on TSE's CONNEQTOR and provide it to Australian Securities Exchange
The initiative aims to modernize the process for ETF pricing in Australia by implementing a SaaS RFQ platform, built and managed by Fujitsu. The foundation of this new platform is the CONNEQTOR system provided by TSE, one of Asia's most successful RFQ platforms. Since its launch in February 2021, CONNEQTOR has enabled over 290 users to significantly reduce costs and improve the efficiency of their ETF trading operations. Monthly trading value reached a record high of JPY 306.4 billion in April 2025.
Fujitsu will serve as the service provider for the Fujitsu RFQ platform, responsible for service development, provision, and utilization support. TSE, as the licensor and operator of the CONNEQTOR system, will provide support for the platform's implementation.
Andrew Walton, General Manager, Trading, ASX comments:
'ASX is excited to partner with Fujitsu and TSE to explore the opportunities the Fujitsu RFQ platform can deliver for the Australian market. With the ability to increase liquidity and price discovery, ASX sees the potential to support the development of this market segment and its participants. We will be engaging extensively with the Australian industry to gather feedback to assess the feasibility of launching this platform in the first half of 2026.'
Satoshi Takura, Senior Executive Officer, TSE (Senior Executive Officer & CIO, Japan Exchange Group) comments:
'It is great to join forces on the feasibility of a service based on TSE's CONNEQTOR. By providing international and diverse market functions, we hope to contribute to the development of the global ETF market from a technological perspective.'
Masaru Yagi, Corporate Executive Officer, EVP, Fujitsu comments:
'Fujitsu is excited to explore this opportunity to provide the Fujitsu RFQ platform for the Australian Securities Exchange. Leveraging our deep experience in building and maintaining financial infrastructure with cutting-edge technology, we're confident that our strong partnership with the Tokyo Stock Exchange will unlock even greater value for the ASX and its global customers.'
Full release click here
View original content: https://www.prnewswire.com/news-releases/fujitsu-to-develop-etf-trading-platform-based-on-tses-conneqtor-and-provide-it-to-australian-securities-exchange-302497421.html
SOURCE Fujitsu Limited
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
38 minutes ago
- Yahoo
With 54% ownership, Dominion Lending Centres Inc. (TSE:DLCG) insiders have a lot riding on the company's future
Insiders appear to have a vested interest in Dominion Lending Centres' growth, as seen by their sizeable ownership 50% of the business is held by the top 2 shareholders Institutional ownership in Dominion Lending Centres is 22% This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. A look at the shareholders of Dominion Lending Centres Inc. (TSE:DLCG) can tell us which group is most powerful. With 54% stake, individual insiders possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk). With such a notable stake in the company, insiders would be highly incentivised to make value accretive decisions. In the chart below, we zoom in on the different ownership groups of Dominion Lending Centres. View our latest analysis for Dominion Lending Centres Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in Dominion Lending Centres. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Dominion Lending Centres, (below). Of course, keep in mind that there are other factors to consider, too. We note that hedge funds don't have a meaningful investment in Dominion Lending Centres. With a 26% stake, CEO Gary Mauris is the largest shareholder. In comparison, the second and third largest shareholders hold about 25% and 19% of the stock. Interestingly, the second-largest shareholder, Chris Kayat is also Top Key Executive, again, pointing towards strong insider ownership amongst the company's top shareholders. A more detailed study of the shareholder registry showed us that 2 of the top shareholders have a considerable amount of ownership in the company, via their 50% stake. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own the majority of Dominion Lending Centres Inc.. This means they can collectively make decisions for the company. That means they own CA$366m worth of shares in the CA$677m company. That's quite meaningful. It is good to see this level of investment. You can check here to see if those insiders have been buying recently. The general public-- including retail investors -- own 24% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. It's always worth thinking about the different groups who own shares in a company. But to understand Dominion Lending Centres better, we need to consider many other factors. To that end, you should learn about the 2 warning signs we've spotted with Dominion Lending Centres (including 1 which is potentially serious) . If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
42 minutes ago
- Yahoo
Here's the Smartest Way to Invest in the S&P 500 in July
Just about any month is a good time to invest in an S&P 500 index fund. Doing so is like betting on the future success of the American economy. Many index funds sport ultra-low fees, too; below are some to consider. 10 stocks we like better than Vanguard S&P 500 ETF › So you want to invest in the S&P 500, the index that's comprised of 500 of America's biggest and best companies. That's great! After all, while there are several thousand public companies in the U.S. for investors to choose from, the S&P 500 companies make up around 80% of the value of the whole U.S. stock market. Investing in the S&P 500 is essentially expressing confidence that the U.S. economy will keep growing over time, despite occasional pullbacks. It's a simple, fast, and smart way to invest in the U.S. stock market that doesn't require you to become any kind of investing expert. And you don't have to jump in during July, either -- any month will do, especially if you plan to keep adding money to your portfolio regularly over time. The smartest way to invest in the S&P 500 index in July (or in any month) is just to buy into a low-fee S&P 500 index fund. Such funds will typically aim to hold all the same stocks as the index in proportion to their market caps, thereby delivering the same returns as the index does -- minus their management fees, which can be minuscule with the best index funds. Here are three solid options to consider: Vanguard S&P 500 ETF (NYSEMKT: VOO) iShares Core S&P 500 ETF (NYSEMKT: IVV) SPDR S&P 500 ETF (NYSEMKT: SPY) The Vanguard S&P 500 ETF is a classic, simple S&P 500 index fund. As with any other such fund, it will spread your dollars across the shares of hundreds of companies -- including the "Magnificent Seven" stocks, which are Apple, (Google parent) Alphabet, (Facebook parent) Meta Platforms, Microsoft, Nvidia, and Tesla. Its expense ratio (annual fee) of 0.03% means that you'll only pay $3 per year for every $10,000 you have invested in the fund. The iShares Core S&P 500 ETF also sports an ultra-low expense ratio of 0.03%, while the SPDR S&P 500 ETF's expense ratio is, relatively speaking, much higher at 0.0945%. (Still, that's less than $10 per year on a $10,000 investment.) All of these funds hold pretty much the same 500 companies. Investing in a basic S&P 500 index fund essentially guarantees that your returns will just about match the market's returns. But it doesn't give you any chance to beat the market. If you want to take a shot at faster growth while still betting broadly on the U.S. economy, consider the Vanguard S&P 500 Growth ETF (NYSEMKT: VOOG). It's built to match the S&P 500 Growth index, which includes only those components of the benchmark index that are considered "growth stocks" -- a determination that the folks at S&P make based on "sales growth, the ratio of earnings change to price, and momentum." It recently held 212 different stocks. However, it's worth noting that about half of its value comes from its top 10 holdings, and fully 12.5% of its assets were in Nvidia -- currently the world's most valuable company. So you need to be comfortable with that kind of concentration if you're going to invest in this fund. (Regular S&P 500 index funds are concentrated, too, but less so -- only about a third of the value of the S&P 500 today comes from its top 10 holdings.) Note, too, that the movements of the growth ETF will be a bit more volatile than a standard S&P 500 index fund. For example, during the market's 2022 plunge, the S&P 500 fell by 18.2%, while the Vanguard S&P 500 Growth ETF fell by 29.5%. ETF Expense ratio 5-Year Average Annualized Return 10-Year Average Annualized Return Vanguard S&P 500 ETF (VOO) 0.03% 16.46% 13.52% iShares Core S&P 500 ETF (IVV) 0.03% 16.47% 13.51% SPDR S&P 500 ETF (SPY) 0.0945% 16.40% 13.46% Vanguard S&P 500 Growth ETF (VOOG) 0.07% 16.72% 15.60% Source: as of July 1, 2025. The table above shows how these funds compare. It also shows that you likely wouldn't do that much worse by sticking with a standard, low-fee S&P 500 index fund. When it comes to building long-term wealth, it's hard to beat the stock market. Before you buy stock in Vanguard S&P 500 ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Vanguard S&P 500 ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $699,558!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $976,677!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Selena Maranjian has positions in Alphabet, Amazon, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, Tesla, and Vanguard S&P 500 ETF. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Here's the Smartest Way to Invest in the S&P 500 in July was originally published by The Motley Fool
Yahoo
an hour ago
- Yahoo
Power Grid Corp. of India rises Friday, underperforms market
Power Grid Corp. of India Ltd. 532898 shares inched up 0.14% to 294.10 Indian rupees Friday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index 1 rising 0.23% to 83,432.89. Power Grid Corp. of India Ltd. closed 19.69% below its 52-week high of 366.20 rupees, which the company reached on September 25th. Now that the megabill has passed, expect a ton of short-term debt to be sold to finance the government's deficit 'I'm single': At 70, I have $500,000 in stocks and $220,000 in savings. How do I invest my $130,000 windfall? 'Today is my 61st birthday': I have my ex-spouse's Social Security benefits. Should I retire at 65 and travel? 'I do all the yard work, cooking and cleaning': I live with my daughter and her lazy boyfriend. She wants me to buy her house. Do I say yes? My wife and I are in our late 60s. Do I sell stocks to pay our $30,000 credit-card debt — or do it gradually over 3 years? The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Tata Power Co. Ltd. TATAPOWER rose 0.28% and Gujarat Industries Power Co. Ltd. 517300 fell 0.74%. Jindal Steel & Power Ltd. JINDALSTEL fell 0.37%. Trading volume totaled 573,674, compared to the 50-day average of 354,312. My wife and I have $7,000 a month in pensions and Social Security, plus $140,000 cash. Can we afford to retire? 'Finance makes me break out in hives': I inherited $240K from my parents. Do I pay off my $258K mortgage and give up my job? The Dow and Russell 2000 are joining the stock market's party. Is it a game changer for the bulls? My job is offering me a payout. Should I take a $61,000 lump sum — or $355 a month for life? We're living in 'end times' when you can't retire on $1 million Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
