Tokyo Stock Exchange, Inc. ("TSE") launched CONNEQTOR service, a RFQ (Request for Quote) platform, in February 2021 with the aim of improving liquidity in the ETF market. Today, we are pleased to announce that the monthly trading value via CONNEQTOR reached a record high of JPY 506.9 billion (average daily trading value of JPY 26.6 billion, 250% compared to the same month last year) in January 2026.

CONNEQTOR provides services that enable investors to trade ETFs “faster” and “at better prices,” and celebrated its 5th anniversary in February 2026 since launching its services. TSE will continue striving to provide better services to revitalize the entire ETF market by improving ETF liquidity, ensuring ETFs can fully fulfill their role as Japan pursues its goal of advancing its initiatives to build Japan into a leading asset management center.