Distressed by a recent streak of huge erroneous orders, the Tokyo Stock Exchange has begun to study the possibility of streamlining the seven kinds of minimum trading units currently allowed for shares on the bourse.
But several obstacles lie ahead, including persuading issuing companies to agree to a potential jump in sharerelated paperwork.
Tokyo Stock Exchange Inc. President Taizo Nishimuro said this week that the bourse must review the wide variety of trading units it allows from the viewpoint of preventing order mistakes.