The Tokyo Stock Exchange is gearing up for round-the-clock trading, and as a first step, the Quick-10 stock market information service will extend its hours of operation to 4am local time from December. Quick provides a total information service on movements in stock, bond, financial futures and commodity prices as well as exchange rates, but its weakness is that it is in Japanese, so that it cannot be incorporated into a digital network and users have to have a dedicated stand-alone terminal, which is causing problems for Japanese banks and others wanting to enter the market and build integrated dealing rooms. Nevertheless, Quick plans to move up to 24-hour operation in the future, and is seeking to extend its services into overseas markets. It has recently added Japanese national bond futures, gilt-edged and US bond futures, and currency futures from the new LIFFE in London.
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