Tokyo Stock Exchange (TSE)
The TSE provides a daily
closing summary and
other statistics on its
homepage free-of-charge and
for internal use only.
Real-time market data
(FLEX), corporate actions,
TOPIX index data, timely
disclosure, reference and
historical data is available on
a commercial basis. Some
information services also
incorporate data from other
exchanges
For the FLEX service,
clients can choose market
coverage, e.g. derivatives only,
contents covered, last sales
prices only or indices only
and market depth, which can
include five or eight best bid
and offer (BBO) levels of full
quote depth.
TSE plans to introduce
historical tick data services
which cover both eight BBO
levels and full quote depth.
Fee structure
Pricing for data varies
depending on services and
purposes of use. Many
services incorporate both
fixed fee elements and
proportional usage based fee
structures.
Customisability/analytics
The TSE website service
provides in-depth
information on corporate
action, advance notice on
how corporate action affects
index calculation and other
data which supports portfolio
analysts, risk control
managers and back-office
managers. Clients that wish
to customise data are
required to enter into a data
licensing agreement with the
exchange.
Delivery channels
Data can be delivered via
dedicated lines, websites, file
transfer and email channels.
Integration
To facilitate data integration,
services are equipped with
CSV download functions,
dispensing with manual data
entry by users.
Future plans
TSE plans to introduce
enhanced tick data service
this year and is considering
developing its analytical and
value added information
services.