Osaka Digital Exchange (ODX)

Wiki route

This entry sits under securities index. Read it with financial instruments business operators japan index for adjacent context and JapanFG index for the broader system boundary.

TL;DR

Osaka Digital Exchange operates an equity PTS and START, a proprietary trading system for security tokens. ODX’s official company profile lists stock PTS operation and security-token PTS operation as its business, and its site describes START as a domestic first organized secondary market for security tokens.

For FinWiki, ODX is the bridge between old securities market structure and tokenized securities.

System Map

Market Map

Strategic Reading

ODX matters because it puts three themes into one entity:

• PTS competition against TSE execution (peer venue: Japannext);
• security-token secondary liquidity tied to Progmat tokenization infrastructure;
• bank-backed digital settlement experiments coordinated with SMFG / Nomura / SBI HD shareholders.

It should be read together with Progmat, trust-type stablecoin design, and securities-settlement infrastructure (JASDEC / JSCC).

Related

• tokyo-stock-exchange
• japannext-securities
• japan-securities-clearing-corp
• japan-securities-depository-center
• jp-stablecoin-progmat
• jp-trust-type-sc-architecture
• sbi-hd
• smfg
• nomura-hd
• daiwa-sg

Sources

• ODX: Corporate site.
• ODX: Company profile.
• ODX: START launch-date notice.
• FSA: Financial instruments business operator list.