The Tokyo Stock ExchangeThe Tokyo Stock Exchange (TSE) is the stock exchange of Toky... More (TSE) is the stock exchange of Tokyo, JapanJapan (Japanese: 日本, Nihon or Nippon) is an island nati... More, and is the third-largest stock exchange in the world, based upon the market capitalisationMarket capitalisation (short: "market cap") is the total ma... More of its listed companies. It is the biggest stock exchange in Japan and East Asia, responsible for the publishing and the maintenance of the index. Trading hours are from 0.00 to 6.00 GMT.
History
The Tokyo Stock Exchange Co. Ltd. was established in 1878. In 1943 it merged with a number of other exchanges to form a single
. It closed briefly during World War II after the bombing of Nagasaki, then reopened in 1949.The TSE went on to experience substantial growth. By the 1990s, it accounted for more than 60% of the world’s stock marketHow do stock markets work? A stock market is a financial ... More capitalisation, making it the largest stock exchange at that time. More recently, the TSE has fallen in value, but it still remains one of the three largest stock exchanges in the world.
As with most modern exchanges, the Tokyo Stock Exchange switched to electronic trading in 1999. Two years later, the exchange was restructured from an incorporated association, with members as shareholders, to a so-called stock company.
Further reading
Read about the best times to trade during the active hours of the different exchanges: