The Tokyo Stock Exchange (TSE) said on Monday it has raised its trading system capacity, lifting the maximum number of contracts to be concluded daily to 8.4 million from the previous 5 million.

The bourse also ushered in a new standard for possible trade suspensions, saying that it will examine such possibilities when the number of concluded contracts comes to 90 percent of the capacity and in consideration of trading circumstances.

The capacity expansion, part of efforts to update its systems to be completed as early as 2008, will lower the risk of system breakdown, the TSE said.

The largest bourse in Asia also expects to raise the maximum number of trading orders that the system can process daily to 12 million from the current 9 million on May 22.

Source: Xinhua