The Tokyo Desk

#135°E

A meridian is a line of longitude, running pole to pole. Time zones are counted from the prime meridian, fifteen degrees to the hour.

Japan keeps one time zone, and its clock is set by the meridian at 135° east, which runs through Akashi, just west of Kobe. Nine steps of fifteen degrees: that's why Tokyo runs at UTC+9, and why this desk does too.

We took the name for what a meridian is: one fixed line to read the whole map against. Seven markets in five cities, one clock to read them on.

#The candle

Traders' legend gives the candlestick chart to Homma Munehisa, an eighteenth-century rice merchant said to have read the Dojima rice market in Osaka through its opens, highs, lows and closes. Whatever the truth of the story, the candlestick is a Japanese chart, and the Meridian terminal draws one for every market.

Every candle on Meridian is built from swaps in Meridian's own pools. If a pool didn't trade in a period, that period has no candle.

#Tokyo time

The desk runs on Tokyo time. Its week opens on Monday at 09:00 JST, when each distribution epoch begins, and the calendar is kept in JST.

The sun reaches Tokyo before London or New York, and the desk's day starts there.

#The world, all hours

EQX gave Elysium America. Meridian gives it the world.

That's the line, and it's a line about coverage. Meridian's seven markets have homes in five cities: Tokyo, Taipei, Seoul, Frankfurt and Paris. Those markets open and close on five different clocks. Meridian's pools don't close.

東京時間で、世界を。 On Tokyo time, the world.