Reform and Price Discovery at the Tokyo Stock Exchange: From 1990 to 2012

1. Introduction to the Trading System at the Tokyo Stock Exchange
Keiichi Kubota, Hitoshi Takehara

2. Reform and Deregulation of Financial Markets in Japan: Evolution of Law and Accounting Standards
Keiichi Kubota, Hitoshi Takehara

3. Market Microstructure and Information Asymmetry Variables: The Behavior of TSE Stocks
Keiichi Kubota, Hitoshi Takehara

4. Risk and Return on the Tokyo Stock Exchange
Keiichi Kubota, Hitoshi Takehara

5. Impact of TSE Quarterly Disclosure on Information Asymmetry
Keiichi Kubota, Hitoshi Takehara

6. Price Discovery Process Before and After the Introduction of the “arrowhead” Trading System at the Tokyo Stock Exchange
Keiichi Kubota, Hitoshi Takehara

7. Epilogue
Keiichi Kubota, Hitoshi Takehara

Keywords: Finance, Investments and Securities, Asian Economics, Regional/Spatial Science, International Economics