Update : Apr. 08, 2011
[Tokyo Stock Exchange, Inc.]
Tokyo Stock Exchange has decided to postpone the extension of trading hours, which was originally scheduled to start on May 9, 2011. Due to the Great East Japan Earthquake, the power shortage situation is expected to be even more difficult during the summer season. In a series of efforts by the securities industry as a whole to address the issue, the decision was made to postpone the extension.
While we understand that many market-related parties have already begun preparations for the extension, we would appreciate your understanding on the background to the decision and ask for your cooperation in our efforts to reduce power consumption.
The actual implementation of the extension of trading hours will be postponed to Autumn this year. Details will be provided at a later date.
Note 1.For the announcement on the original schedule for the extension of trading hours, please refer to the following links.
Note 2.The following will begin on May 9, 2011 as originally scheduled.
Shortening the Duration of a Trading Halt (From the current 30 min. to 15 min.)
Shortening the Renewal Time Interval of a Special Quote (From the current 5 min. to 3 min.)
Expanding the Number of Strike Prices for Options on JGB Futures
(The strike price interval will be changed from the current 1 yen to 0.5 yen)
Tokyo Stock Exchange, Inc.
Strategic Planning Group, Equities (For inquiries on equities)
Business Development, Derivatives (For inquiries on derivatives)