Equities Trading Services

RFQ Platform CONNEQTOR

The RFQ platform CONNEQTOR was developed for instituional investors wishing to trade ETFs with RFQ(Request For Quote). It was developed from November 2019, and launched in February 2021. We adopted the lean agile development for building this platform to keep improving it with rapid cycles of research and development.

Further information on CONNEQTOR can be found in the following page.

Data Feed Service regarding arrowhead and ToSTNeT

FLEX Historical Data

TSE stores real time market data on a daily basis and provides the data as historical information of Tick data.

After May 24, 2021, the data are provided in packet capture format (.pcap) with reception time (timestamp) of real time market data. FLEX Historical　users can perform detailed market analysis and backtesting.

For further information on the service, please refer to the following page.

API Service for Last Sales Informaton

Last Sales Information (information for which 20 minutes or more has elapsed since distribution from TSE market information system) of listed company shares on the TSE, Fukuoka Stock Exchange and Sapporo Securities Exchange is provided in API.

For further information on the service, please refer to the following page.

Alternative Data Service

TSE uploads Alternative Data into buckets on the public cloud provided by Amazon Web Services.
The data currently provided by arrowhead as Alternative Data is "arrowhead System Stats (Data relating to arrowhead server usage rates and order numbers)".

For further information on the service, please refer to the following page.

Notice Batch Data File Service

After the close of the session on each trading day, the daily notices (acceptance-related and execution-related notices) regarding trading participants using the service are provided in a batch.
This service is available for arrowhead and ToSTNeT. The provision time is as follows.

For further information on the service outline and the system interface specification, please refer to the following documents.

Tokyo Stock Exchange Official Guide Pricing Mechanism of arrowhead -Second Edition

TSE reviewed its trading rules of cash equity market in November 2024, including the introduction of the closing auction session, etc.
In response to the review, on September 27 in 2024, TSE has published a revised edition of the book “Tokyo Stock Exchange Official Guide Pricing Mechanism of arrowhead” to add example questions on the closing auction session and Special Execution.

For details, please refer to the following page.