[arrowhead4.0] What is Special Execution?

Even in case of not matching at prices inside executable price range, execution processing is conducted at upper/lower limit of executable price range in arr... Show Details

[arrowhead4.0] What is Market by Order (MBO)?

With the current TSE's market data service (FLEX Standard and Full), market information is distributed in units of price (Market by Price). However, through ... Show Details

[arrowhead4.0] What is the difference of the content for information distributed on FLEX Standard...

While 1.Afternoon session end and 3.Issue realtime message (backup) distributes "the latest order book information", 2.Issue realtime message (all-day) distr... Show Details

[arrowhead4.0] Is there any update for FLEX service?

"FLEX Standard 100Mbps", "FLEX Full 100Mbps", "FLEX Full WB", and "High-Speed Index" will be discontinued with the current version of arrowhead (version upgr... Show Details

[arrowhead4.0] What is Mass Cancellation?

This is a function to cancel all eligible orders at once by a mass cancellation order. The conditions of use are as follows;Target user : Users who have Virt... Show Details

[arrowhead4.0] Is it possible to determine whether Itayose method or Zaraba method is applied by ...

The message will be transmitted every time the applicable method changes. Moreover, the same flag can be used to identify not only whether Itayose or Zaraba ... Show Details

[arrowhead4.0] Is it correct to understand that a Funari order could be placed and will be accept...

Funari order entered during pre-closing will be registered to order book as market order immediately. Show Details

[arrowhead4.0] Does the line that uses Market by Order (MBO) have the required bandwidth?

The new Market by Order service has two types, "FLEX MBO" without bandwidth control and "FLEX MBO BC" with bandwidth control.When using FLEX MBO, 10Gbps line... Show Details

[arrowhead4.0] In Market by Order (MBO), is it possible to identify updates in order priority due...

The priority of orders is possible to identify by using Modification Flag set for A tag and D tag. Show Details

[arrowhead4.0] How are orders handled during the Pre-Closing?

Orders registered on the order book during Pre-Closing are treated as simultaneous orders, together with "on close" orders and "Funari" orders placed prior t... Show Details