TSE’s Arrowhead Goes Live Without Hitch, Paving Way for High Frequency Trading in Japan

According to plan, the Tokyo Stock Exchange went live January 4 with its new Arrowhead matching engine, with no technical issues. Arrowhead’s arrival was heralded as the catalyst for a new era of high frequency trading in the Japanese marketplace, but that didn’t prevent market commentators from pointing out that the new platform’s performance lags that of leading-edge alternative trading systems.



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