In this study, we investigate ordering patterns of different types of market participants in Tokyo Stock Exchange (TSE) by examining order records of the listed stocks. Firstly, we categorize the virtual servers in the trading system of TSE, each of which is linked to a single trading...

This paper provides a time series analysis of the Bank of Japan (BOJ)'s ETF and REIT purchase program. The program is a part of the BOJ's unconventional monetary policy and has strengthened since the Quantitative and Qualitative Easing (QQE) in April 2013. To the best of our knowledge, the...