Chi - X Japan has received regulatory clearance to launch Kai - X , a new " reference price " trading venue in Japan , which is now set to go live on 17 October . Kai - X will enable investors to execute trades at equal to or better than best bid and offer prices on the Tokyo Stock Exchange ( [UNK] ) . The platform will also allow traders to use “ Minimum Execution Quality ” to execute larger volume trades than they are typically able to execute on TSE .
Chi-X Japan has received regulatory clearance to open Kai-X, a new "reference price" trading venue in Japan, which is now set to go live on 17 October. Kai-X will enable investors to execute trades at equal to or better than best bid and offer prices on the Tokyo Stock Exchange (TSE). The platform will also enable traders to use “Minimum Execution Quality” to execute larger block trades than they are typically able to execute on TSE.