Japan Exchange Announces New Data Policy

The exchange is introducing new policies for those that connect to its data directly.

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In June, JPX notified customers that it would migrate to a new version of Arrowhead to increase system capacity, implement new functions and revise trading rules following the 2013 merger of the TSE and the Osaka Securities Exchange, and the consolidation of both venues’ equities markets onto the platform.

The unit of count for direct usage—where the user connects directly to TSE to receive data—is calculated according to the number of connected systems and number of lines a user has installed.