Japanese asset managers are increasingly using dark pools in pursuit of price improvement. However, analysis of trades executed by dark pools reveals wide variations in price improvement, reflecting differences...
Japanese equities’ underperformance and changes in institutional investors’ mandates are major threats that undermine Japanese asset managers’ competitiveness. Japanese asset management companies are well advised to expand globally by...
In terms of size, Chinese securities markets now rival their counterparts in developed countries, but they still differ substantially from Japanese, European, and American markets in two respects. First,...
A healthy credit market is essential to improving the financial system's stability and economic policy's effectiveness. Developing SME credit information infrastructure is important for improving liquidity in Japan's credit...
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...
Electronic money is gaining prevalence as a means of payment. With e-money ownership and usage rising in Japan's five largest metropolitan areas, the keys to further growth in usage...
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...
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...
Amid the current economic crisis, regional banks should tailor their business models to their local markets in anticipation of government decentralization.
It is important for financial institutions to reach an industry-wide consensus on methods for determining illiquid financial products’ fair value. Equally important is an understanding of mark-to-model valuation’s limitations...