A proposed exemption on users of proprietary trading systems (PTS) from a mandatory takeover rule is expected to drive market fragmentation.
Tag : tokyo stock exchange
Market participants see the announced plan to build network links as a gesture of Tokyo’s desire to keep up with global exchange wheeling and dealing.
The Tokyo Stock Exchange's new Arrowhead platform is allowing much faster and cheaper trading and thus enticing more hedge funds into the market.
While higher volumes and faster trading have been welcomed, the Tokyo Stock ExchangeÆs new trading platform creates a challenge for alternative venues.