From China’s standpoint, “imbalances” and monetary policy flexibility do not provide imminent economic rationale for more flexible exchange rate, given the rate elasticity of the trade and the state...
Although proprietary trading systems can often execute trades at better prices than those available on exchanges, this fact is not widely known in Japan. However, with market infrastructure being...
The Tokyo Stock Exchange will launch its new Arrowhead trading system in January 2010. By shortening order response time to milliseconds, Arrowhead has the potential to bring high-frequency trading...
We are finally emerging from the financial crisis that rocked markets around the world. Inasmuch as Japan was relatively unscathed compared with other developed economies, one would expect other...
This is a report on the top trends in Japan's asset management busienss in 2009.
With a plethora of various IDs in use in Japan, businesses that utilize IDs have started to gain notice. Following is a discussion of such ID businesses' diversity and...
A recent NRI study revealed major differences in cost structures between investment trust and investment advisory businesses, with front-office operations accounting for a much smaller share of total costs...
Electronic monetary claims, an innovation born of the fusion of legal and IT infrastructures, have the potential to drastically change financial institutions' lending businesses. Development of new economic infrastructure...
In Japan, listed companies' stock certificates became completely paperless in January 2009, ending one phase of securities clearing system reform dating back to the 1990s. In the wake of...
Japanese asset management companies have only recently started to use alternative trading systems (ATS), but ATS usage is likely to grow in the future. While some asset management companies...