The Tokyo Stock Exchange has revealed plans to overcome recent technical difficulties and increase its trade handling capacity courtesy of an investment of around $27 million on system capacity upgrades.
The ordering system can currently handle around nine million orders a day, a figure the TSE is looking to boost up to 12 million during May, and 14 million during 2006.
Its clearing system will also benefit from the upgrade with the number of executions per day rising from five million to seven million over the course of the year.
As well as the upgrades, the TSE said it was considering lifting its self imposed thirty minute delay and beginning afternoon trading at the more usual time of 12:30pm. It said the decision remained dependent on daily orders and executions.