Japan's financial watchdog to hike fees for illicit high-frequency trading

FSA to step up monitoring of price manipulation through microsecond transactions

20250813N TSE board

High-frequency trading provides liquidity in markets, but it can also be used to distort stock prices. (Photo by Yukinori Okamura)

TAKAKO GAKUTO

TOKYO -- Japan's Financial Services Agency plans to increase charges levied on companies that manipulate stock prices through high-speed trades, transactions that occur repeatedly in intervals as short as one-millionth of a second.

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