JASDAQ System Automates Japanese OTC Market, Yields New Data Feed


On Oct. 28, the Japanese Securities Dealers' Association (JSDA), in conjunction with the Japanese Over-the-Counter Securities Co. (better known as Tento Shoken or Broker's Broker), launched the JASDAQ system for automated execution and trade reporting for Japan's OTC equities and convertible bonds market. JASDAQ -- for Japan Securities Dealers Association Quotation -- is offering limited data for dissemination by information vendors.

JASDAQ's stated mission, in part, is to "eliminate unfair

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