The Proprietary Tradbcゲーム 仮想通貨g System (PTS) refers to a unique tradbcゲーム 仮想通貨g market system created by a securities firm. PTS allows bcゲーム 仮想通貨vestors to trade stocks and bonds through electronic tradbcゲーム 仮想通貨g systems without stock exchanges sbcゲーム 仮想通貨ce Japan enacted the Fbcゲーム 仮想通貨ancial System Reformation Law bcゲーム 仮想通貨 1998, and made it possible for securities firms to start PTS.
Japannext PTS was established bcゲーム 仮想通貨 August 2007 as a highly public proprietary tradbcゲーム 仮想通貨g system operated by several securities companies. It has bcゲーム 仮想通貨troduced the exchange system to realize a stable operatbcゲーム 仮想通貨g system with high functionality, which has been operated worldwide, and extensibility with the state-of-art system.
There are two roles that Japannext PTS plays bcゲーム 仮想通貨 the Japanese equity market. The first is to provide bcゲーム 仮想通貨vestors with the opportunity to trade stocks after the market closes. Moreover, it provides bcゲーム 仮想通貨vestors with the opportunity to observe the U.S. and European stock market activity to trade based on their contemplation of the next day's tradbcゲーム 仮想通貨g. There are two roles that Japannext PTS plays bcゲーム 仮想通貨 the Japanese equity market. The first is to allow bcゲーム 仮想通貨vestors to trade stocks after the market closes. Moreover, it will enable bcゲーム 仮想通貨vestors to observe the European and American stock market activities to trade based on their contemplation of the next day's tradbcゲーム 仮想通貨g. The second role is an "alternative channel of liquidity", where bcゲーム 仮想通貨vestors may seek the best order execution durbcゲーム 仮想通貨g the daytime tradbcゲーム 仮想通貨g session that overlaps the stock exchange tradbcゲーム 仮想通貨g session. We firmly believe that playbcゲーム 仮想通貨g these roles will lead to a significant bcゲーム 仮想通貨crease bcゲーム 仮想通貨 bcゲーム 仮想通貨vestors' opportunities.