SBI Group is working to develop a trading environment for equities and digital securities through businesses related to the operation of Proprietary Trading Systems (PTS). A PTS is an electronic trading market where stocks and other securities can be bought and sold without going through stock exchanges. As a mechanism that contributes to investor convenience and market diversification, the role of PTS has expanded in Japan since the system was introduced in 1998.
The SBI Group has contributed to the development of the domestic PTS market since Japannext Securities opened its PTS market in 2007. Building on these efforts, the Group has worked on forming the PTS market and improving the trading environment in cooperation with market participants, including Japannext Securities.
In June 2022, Osaka Digital Exchange (ODX), in which the SBI Group and Sumitomo Mitsui Financial Group participate as shareholders, began operating an PTS for equities. In addition to operating PTS for equities, ODX operates “START,” a proprietary trading system for security tokens (ST).
