Tokyo Stock Exchange Eyes Feed Revamp

Hitoshi Izumi, head of information products at TSE, says that once the new Arrowhead trading system for equities and convertible bonds goes live, the exchange will introduce a new datafeed, dubbed Flex Full, which provides full depth-of-market data with order size and number of orders at each price point, compared to the current limit of five price levels.

The exchange's current feed will continue, but will be expanded from five to eight price levels, and will be named Flex Standard.

"With the nex

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