Arrowhead Finds Its Target

Asia Report

After years of anticipation and months of testing, the Tokyo Stock Exchange (TSE) launched its new trading platform, Arrowhead, on Jan. 4 with little fanfare. The new platform, which has so far run smoothly in its opening weeks, offers faster speeds and expanded capacity on Japan's largest equities exchange. Combined with a suite of regulatory changes, Arrowhead promises to slowly but surely change the trading landscape in Japan by creating a friendlier environment for high-frequency traders and

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