Adjusting Tick Size for 1 ETF Starting April 9 (Listed Index Fund US Equity …)
Tokyo Stock Exchange, Inc. (TSE) recently announced changes in tick sizes for several issues, including the Listed Index Fund US Equity (NASDAQ100) No Currency Hedge (code: 2568), effective from April 9, 2025. This adjustment comes after the urgent notice issued on March 27, 2025, regarding alterations in trading units and tick sizes for domestic ETFs, which included 18 issues, such as the Listed Index Fund MSCI Japan Equity High Dividend Low Volatility (code: 1399).
After considering factors such as today’s closing price, TSE has decided to implement a change in tick size for the Listed Index Fund US Equity (NASDAQ100) No Currency Hedge (code: 2568) from April 9. It is important to note that the tick size table for the other 7 issues remains unaffected and follows the details specified in the previous announcement.
The tick size can be understood in terms of TOPIX 500 and Non-TOPIX 500 categories. TOPIX 500 represents the tick size applied to constituents of the TOPIX 500 index, while Non-TOPIX 500 refers to the tick size applicable to stocks that are not part of the TOPIX 500 index.
This update in tick sizes for the Listed Index Fund US Equity (NASDAQ100) No Currency Hedge (code: 2568) reflects TSE’s commitment to ensuring efficient and transparent trading practices within the market. By aligning tick sizes with market conditions and trading requirements, TSE aims to facilitate smoother transactions and enhance overall market operations for both investors and market participants.
For further information or clarifications regarding these changes in tick sizes for the Listed Index Fund US Equity (NASDAQ100) No Currency Hedge (code: 2568) and other related issues, interested parties can contact the Tokyo Stock Exchange, Inc. Equities Department at the provided telephone number.
Overall, these adjustments in tick sizes underscore TSE’s dedication to maintaining a robust and dynamic market environment that supports fair and orderly trading activities. By promptly updating tick sizes in response to market developments, TSE demonstrates its adaptability and responsiveness to the evolving needs of investors and stakeholders in the financial market landscape.
In conclusion, the modification in tick sizes for the Listed Index Fund US Equity (NASDAQ100) No Currency Hedge (code: 2568) serves as a strategic measure to optimize trading mechanisms and promote market efficiency. TSE’s proactive approach to implementing such changes highlights its commitment to fostering a conducive and well-regulated trading environment that upholds the interests of all market participants.