Published On: Sun, Oct 28th, 2012

SBI Japannext Announces PTS Exemption

Chon Chuck, Co-CEO SBI Japannext

Chon Chuck, Co-CEO SBI Japannext

We are pleased to announce that the JFSA has made a favorable decision on our PTS venue; effective Wednesday, October 31, 2012, SBI Japannext PTS venue shall be exempted from the 5% TOB rule. We would like to stress that there shall no longer be a 5% TOB risk for purchasing stocks on the SBI Japannext PTS from the effective date.

Lastly, we would like to express our sincere gratitude to our members, participants, and supporters for their tremendous lobbying efforts with the respective regulators to bring about a positive outcome for the Japanese capital market.

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