What is the scope of parties that can place buy or sell orders on TOKYO AIM through a trading participant?
The following parties will be allowed to place buy or sell orders on TOKYO AIM: (1) specified investors that are residents, and (2) all non-residents. Specified investors are considered to include life insurance companies and other accredited institutional investors, listed companies, joint-stock corporations with at least ¥500 million in capital, and, in addition to the above, other approved corporations, together with approved individuals with net and financial assets of at least ¥300 million and at least one year of trading experience* (here, “approved” means that the entity must first seek and obtain approval from a securities company).
