The Tokyo Stock Exchange plans to upgrade its Arrowhead system as early as November, aiming to roughly double daily processing capacity to about 1.5 billion trades from the current 830 million, Nikkei Asia reported Thursday.
This expansion comes amid rising trading volumes fueled by growing overseas investor participation, the news daily said.
The company will invest "hundreds of millions of yen" to enhance memory and infrastructure at its Tokyo and Osaka data centers, building on previous upgrades from the 390 million-limit seen during the pandemic, the publication said.
The Tokyo Stock Exchange didn't immediately respond to MT Newswire's request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)