D.E. Shaw, Other Hedge Funds Said To Boost Tokyo Presence

Jan 4 2010 | 9:28am ET

The Tokyo Stock Exchange is set to roll out a new high-speed trading platform this week. And the hedge funds will reportedly be there to take advantage of it.

Among them will be D.E. Shaw Group, Asian Investor reports. The New York-based hedge fund would not comment on reports that it and other hedge funds engaged in high-frequency trading were building up their Tokyo desks in advance of the stock exchange’s new system.

The Tokyo bourse’s US$145 million Arrowhead platform will process trades in just five milliseconds and will give the exchange the more than six times its current capacity. Currently, Tokyo trades take between two and three seconds; under the new system, the TSE will be more in line with the New York Stock Exchange and London Stock Exchange.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...