The TSE is considering the night market to make itself more convenient for investors by enabling them to buy or sell stocks at night in response to corporate earnings reports and other news breaking in the evening.
The bourse plans to make a final decision on whether to launch the night market, after carefully assessing anticipated demand for the new service among investors.
At present, the TSE has five spot-trading hours per day — between 9:00 a.m. and 11:30 a.m. and between 0:30 p.m. and 3:00 p.m.
The TSE believes that there could be strong demand for the night trading service among many corporate employees and other individual investors amid the growing popularity of online stock transactions.
The night stock market would also allow U.S. and European investors to buy or sell Japanese stocks during daytime hours local time.