Tokyo Stock Exchange to Offer Foreign ETFs
August 29th at 3:21pm by Tom Lydon
The Tokyo Stock Exchange (TSE) is planning to list a number of foreign exchange traded funds (ETFs) in response to increased investor demand and growth in trading activity. TSE has been in talks with U.S. and European securities brokers to help supplement the process and make the ETFs available as soon as possible. Europe and the U.S. are enthusiastic about helping TSE create ETFs that will offer value and growth opportunities for investors.
TSE also has been studying various funds tied to commodities and is considering listing a commodity-based ETF that can be exchanged for gold, reports Kazuhiro Shimamura for The Wall Street Journal. Details currently are being settled, but there are no public announcements at the moment.
