Published On: Sat, Feb 8th, 2014

JPX Notice Regarding Next Generation Derivatives Trading System Solutions Provider

Atsushi Saito, JPX Group CEO

Atsushi Saito, JPX Group CEO

Following its launch in January 2013, Japan Exchange Group, Inc. has worked to realize the synergistic benefits of the business combination between Tokyo Stock Exchange and Osaka Securities Exchange by promoting the steady and stable integration of its systems. The cash equity markets were integrated onto TSE’s arrowhead trading system in July 2013, and the derivatives markets are scheduled for integration onto OSE’s J-GATE in March 2014.

In our medium-term management plan for FY2013 to FY2015, JPX identified the expansion of the derivatives market as a core strategy of our mission to become the “most preferred exchange in the Asian region.” As a means toward this goal, JPX will begin the construction of a new market design and next generation derivatives trading system.

Development of the trading system will be aimed at producing a highly convenient and globally competitive system which will serve the derivatives market for the medium-to-long term. In consideration of its role in the public infrastructure of the securities market, JPX has opened submission of proposals to all solutions providers capable of meeting our goals and criteria. Once a solutions provider has been selected, JPX hopes to launch the new system in 2016.

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