2023-11-02

ODX

Notice Regarding Equity Participation by Cboe Global Markets, Inc., Virtu Financial, Inc. and Optiver Holding B.V.

 

November 2, 2023

Osaka Digital Exchange, Co., Ltd.

 
 

Notice Regarding Equity Participation by Cboe Global Markets, Inc.,

Virtu Financial, Inc. and Optiver Holding B.V.

 
Osaka Digital Exchange, Co., Ltd. (Head office: Minato-ku, Tokyo; Representative Director and CEO: Kimio Mikazuki; hereinafter “the Company”) hereby announces that today, 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.
 
About Cboe Global Markets, Inc.
Cboe Global Markets, the world's leading derivatives and securities exchange network, delivers cutting-edge trading, clearing and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives, FX, and digital assets, across North America, Europe and Asia Pacific. Above all, Cboe is committed to building a trusted, inclusive global marketplace that enables people to pursue a sustainable financial future. To learn more about the Exchange for the World Stage, visit www.cboe.com.
Media Relations
corporatecommunications@cboe.com
 
 
About Virtu Financial, Inc.
Virtu is a leading financial services firm that leverages cutting-edge technology to provide execution services and data, analytics and connectivity products to its clients and deliver liquidity to the global markets. Leveraging its global market making expertise and infrastructure, Virtu provides a robust product suite including offerings in execution, liquidity sourcing, analytics and broker-neutral, multi-dealer platforms in workflow technology. Virtu’s product offerings allow clients to trade on hundreds of venues across 50+ countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income and myriad other commodities. In addition, Virtu’s integrated, multi-asset analytics platform provides a range of pre- and post-trade services, data products and compliance tools that clients rely upon to invest, trade and manage risk across global markets. More information available at www.virtu.com.
Media Relations
media@virtu.com
 
 
About Optiver
Optiver is a global market maker with offices in Amsterdam, London, Chicago, Austin, Sydney, Shanghai, Hong Kong, Singapore and Taipei. Founded in 1986, today we are a leading liquidity provider, with close to 2,000 employees in offices around the world, united in our commitment to improve the market through competitive pricing, execution and risk management. By providing liquidity on multiple exchanges across the world in various financial instruments we participate in the safeguarding of healthy and efficient markets. We provide liquidity to financial markets using our own capital, at our own risk, trading a wide range of products: listed derivatives, cash equities, ETFs, bonds and foreign currencies.
Media Relations
media@optiver.com
 
 
<Indications relating to the Financial Instruments and Exchange Act>
Name                                 Osaka Digital Exchange Co., Ltd.
           Financial instruments firm
Registration No.                  Director-General of the Kanto Local Finance Bureau
            (Kinsho) No. 3328
Associations                        Japan Securities Dealers Association
 
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Media Relations
Osaka Digital Exchange, Corporate Management Section: +81-80-2432-6612, enquiry@odx.co.jp