TSE plans to review its trading rules of cash equity market in November 2024, including the introduction of Closing Auction, etc.
In advance of this review, TSE has published a revised edition of the book “Tokyo Stock Exchange Official Guide Pricing Mechanism of arrowhead,” originally published in 2021, to add example questions on Closing Auction and Special Execution.
Following the publication of its Japanese version on July 26, 2024, the English version has also been published in e-book format on September 27, 2024.
| Title | Tokyo Stock Exchange Official Guide Pricing Mechanism of arrowhead –Second edition |
| Content | This book explains the price formation logic used in the TSE's “arrowhead” stock trading system in detail and in an easy-to-understand manner through a total of 76 example problems. The book explains the price formation mechanism of the Itayose method, which determines the opening and closing prices, and the Zaraba method, which determines prices during other trading hours, using specific examples to illustrate key points. The book also discusses Special Quotes and Sequential Trade Quotes, which are trading rules unique to Japan to control sudden price fluctuations, as well as the mechanism for determining the initial price for newly listed stocks. This revised edition includes eight new examples on Closing Auction and Special Execution scheduled to be introduced in November 2024. The book also includes a summary of the answers to each question at the end of the book. Please use this book to further your understanding of the changes of the trading rules. Main Contents: Introduction / Zaraba / Itayose / Newly listed stock / CB trading |
| Author | Tokyo Stock Exchange, Inc. IT Development Department |
| Publisher | KINZAI INSTITUTE FOR FINANCIAL AFFAIRS, INC |
| Language | English |
| Price | 2,200 JPY (tax included) |
| Format | Amazon Kindle (United States)
Amazon
*It is also available on multiple platforms. (Rakuten kobo, Apple books etc.) |
| ASIN | B0DHVG9RBZ |
| Info | - The English version is not published in paperback. - For details of Japanese version, please refer to the website below. |
Tokyo Stock Exchange Official Guide Pricing Mechanism of arrowhead –Second edition (English version)
Tokyo Stock Exchange Official Guide Pricing Mechanism of arrowhead –Second edition (Japanese version)
Tokyo Stock Exchange Official Guide Pricing Mechanism of arrowhead –Second edition (Japanese version)
