Japan's Tokyo Stock Exchange (TSE) has set a new date for the revision of its trading hours.
The extension of trading hours at the TSE, originally intended for May this year, has now been pushed back to 21 November. The May date was abandoned following the power supply disruption caused by the earthquake of 11 March.
The TSE plans to shorten its 90-minute lunch break to one hour – 11.30-12.30 – a measure that TSE president Atsushi Saito previously predicted would increase trading by around 6%.
The TSE and its arrowhead trading system are widely thought to have weathered the disruption earthquake reasonably well, with brokers reporting that the system withstood the initial surge in traffic in the aftermath without difficulty.