Describing what a trader’s screen hooked to the Tokyo Stock Exchange’s new Arrowhead trading platform looks like, Ian Chilton, chief executive of Fidessa Japan says: “It flashes like a Christmas tree on steroids.”
Trades executed on the exchange now take five milliseconds, instead of seconds, and the tick size ‚Äì the amount by which a share price is allowed to move up or down ‚Äì has been reduced, which means more data and more opportunities to trade; hence all the hyper-fast flashing of prices…
 
