11.09.2023

Cboe, Virtu, Optiver Invest in Osaka Digital Exchange

11.09.2023
Cboe, Virtu, Optiver Invest in Osaka Digital Exchange

Osaka Digital Exchange, Co., Ltd. (Head office: Minato-ku, Tokyo; Representative Director and CEO: Kimio Mikazuki; hereinafter “the Company”) hereby announces that, the company has accepted equity participations by Cboe Worldwide Holdings Limited, a subsidiary of Cboe Global Markets, Inc. (Head office: Chicago, USA, CEO: Fredric Tomczyk, hereinafter “Cboe”), Virtu Investments LLC, a subsidiary of Virtu Financial, Inc. (Head office: New York, USA, CEO: Douglas Cifu, hereinafter “Virtu”) and Optiver PSI B.V., a subsidiary of Optiver Holding B.V. (APAC Head office: Sydney, Australia, APAC CEO: Wouter Stinis, hereinafter “Optiver”).

Cboe, one of the three major exchanges in the USA, is a leading provider of financial market infrastructures and a variety of market traded products, providing world leading trading, clearing, and investment solutions to market participants globally

Virtu, a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets.

Optiver is a global market maker that provides liquidity in a wide range of products on multiple exchanges across the world, participating in the safeguarding of healthy and efficient markets.

Not only do these three firms play important roles in traditional financial markets, they also have strong interests in the development of Security Tokens.

ODX was established in April 2021, started equity PTS (Proprietary Trading System) in June 2022 and is scheduled to start Security Token PTS by the end of 2023. Through collaboration with its new shareholders, ODX will obtain cutting-edge technology and expertise, allowing it to push ahead with innovative solutions. It is believed that ODX will be able to bring about changes in the financial markets to benefit investors.

Moreover, SBI Holdings, Inc. (Head office: Minato-ku, Tokyo; Representative Director, Chairman, President and CEO: Yoshitaka Kitao; hereinafter “SBIHD”), the 100% parent company of SBI PTS Holdings (Head Office: Minato-ku, Tokyo; President and Representative Director: Hiroyuki Ogawa; hereinafter “PTSHD”) which is the parent company of ODX, announced on October 25, 2022 (https://www.sbigroup.co.jp/english/news/pdf/2022/1025_a_en.pdf), a potential collaboration with Cboe in the field of traditional finance, such as PTS Business, as well as in the field of digital finance. In addition to the MOU, Cboe’s equity participation will connect the two companies more closely.

PTSHD holds majority shares in addition to these three parties’ equity participation.

Source: ODX

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