www.jpx.co.jp/equities/products/etfs/investors/01.html

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指定参加者一覧 | 大口投資家の皆様へ（ETF） | 日本取引所グループ

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https://www.jpx.co.jp/equities/products/etfs/investors/01.html

About this page

This page provides information about ETF designated participants listed on the Japan Exchange Group website. Designated participants are securities companies authorized by ETF management companies to directly exchange physical stocks and ETFs based on publicly disclosed conditions. These participants conduct active arbitrage trading between ETFs and physical stocks, or between ETFs and futures markets, thereby enhancing the correlation between ETF market prices and stock indices. The page also describes the Foreign ETF Support Member system, which supports liquidity improvement for foreign ETFs traded on the exchange.