Tokyo Stock Exchange to consider longer working hours - report

Monday, 17. May 2021 11:27

Tokyo Stock Exchange (TSE) could decide to extend its working hours in order to attract more foreign investors from different time zones, thus bolstering "its global presence," Nikkei reported on Monday citing unnamed sources.

The trading will be limited to spot-trading stocks, the report elaborated, adding that the exchange intends to discuss the plan with the financial companies first. TSE Market Management Committee, the bourse's advisory body, will convene "as early as this week," the outlet added.

The TSE could also opt to abandon the one-hour lunch break, due to which the market is only open for five hours on workdays, the report concluded.

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Breaking the News / BU