Tokyo Stock Exchange, Inc. (TSE) has officially decided to extend trading hours and introduce a Closing Auction in conjunction with the launch of the next generation trading system (arrowhead 4.0) scheduled for November 5, 2024.
Specifically, to maximize trading opportunities for investors, the closing time of the afternoon session will be extended by 30 minutes. Also, to improve the predictability of the closing price formation, a Closing Auction will be introduced for trading at the end of the afternoon session.
Furthermore, in conjunction with TSE’s extension of trading hours, the trading hours for derivatives markets on Osaka Exchange, Inc. and Tokyo Commodity Exchange, Inc. will also be changed.
TSE will continue to provide market participants with information to ensure the smooth implementation of the system.