Published On: Tue, Jul 29th, 2014

JPX Selects Next-Generation Derivatives Trading System Development Vendor

Atsushi Saito, JPX Group CEO -

Atsushi Saito, JPX Group CEO –

Japan Exchange Group, Inc. (JPX) is pleased to announce the selection of the NASDAQ OMX Group, Inc. and NTT DATA Corporation as developers for the next-generation derivatives trading system. This concludes the process JPX began in February to accept proposals from system development vendors to build a system for subsidiary Osaka Exchange, Inc. that is both highly convenient and globally competitive, and takes into account the system’s role in the public infrastructure of the securities market.

Developing the next-generation derivatives trading system is an important supporting infrastructural initiative toward JPX’s core strategy of expanding the derivatives market set forth in our medium-term management plan. We will fully utilize the latest in technology to arrive at a system that enhances the risk management functions and other aspects of our systems, and can accommodate commodities, OTC derivatives and other products that are not available on the current J-GATE trading system. We believe that our constant efforts to increase our competitive edge and further enhance the reliability of our infrastructure will contribute to the realization of a highly reliable and convenient market for investors, trading participants and other market users.

JPX will immediately start developing the next-generation derivatives trading system and working together with our trading participants toward system launch in 2016.

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