Tokyo Exchange will increase the number of ETFs to 100

In a recent interview with Euromoney magazine, Atsushi Saito, president and CEO of the Tokyo Stock Exchange Group outlined the TSE's plan to increase the number of ETFs on the Tokyo exchange to 100 in three years’ time

“As of the end of June, we had 35 ETFs. As for our goal of raising the number to 100, I believe we will be able to make it happen. Why? For example, we are negotiating with US and European exchanges to get their ETFs listed in Tokyo as well. Their responses have been positive. But the TSE has nothing to do with management of such ETFs. So the attitude of asset managers is crucial to success.

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