Published On: Fri, Nov 8th, 2013

KVH First Nonmarket-Member to Offer JPX Co-Location Service

Ted Higase, President and CEO  KVH

Ted Higase, President and CEO KVH

KVH Co. Ltd., Asia’s leading information delivery platform headquartered in Tokyo, Japan announced 7 November that it will begin offering the Japan Exchange Group (JPX) Co-Location service (OPEN) (hereinafter referred to as “JPX(OPEN)”) to access Osaka Securities Exchange’s (OSE) derivatives trading system (J-GATE) in a low latency environment. This new offering, a first for a nonmarket-member in Japan, enables KVH to provide international and Japanese institutional investors with high performance colocation services to OSE’s J-Gate trading system, reducing the speed from client to matching engine down to 2.4 microseconds.

Tokyo Stock Exchange (TSE)’s derivatives market will be integrated with Osaka Stock Exchange in March 2014. It will result in products such as the highly traded Nikkei 225 futures and options transactions, OSE’s DJIA futures, TOPIX futures, and Japanese Government Bond futures and options being traded on the J-GATE system. JPX (OPEN) provides access to all of these products in an ultra low latency environment.

Combining high-speed optical fiber networks with data centers located close to major domestic exchanges, KVH Proximity Services provide a complete hosting environment well-suited for ultra low latency trading transactions that include multiple exchanges from a single location. In addition to KVH offering JPX(OPEN) Co-Location services directly to the trading community, KVH provides end-to-end solutions consisting of international leased line services, consulting, equipment procurement and set-up as well as testing of various servers and remote monitoring to deliver a comprehensive one stop shop solution to trading firms. With KVH’s 24/7 fully bilingual Japanese/English support services, international institutional investors with limited or no local Japanese presence are able to outsource full operations of their trading equipment to KVH and benefit from a lower cost of entry into the Japanese market.

“We are excited to be offering the JPX (OPEN) Co-Location service as it fully complements our portfolio of services specifically designed for the low latency trading community in Asia”, said Takao Hirai, Senior Vice President, Enterprise Market Division of KVH. “By providing KVH’s high quality global IT infrastructure services to OSE market participants, we are confident that we will be able to support the derivatives trading market in Japan and improve OSE’s foothold in Asia.”

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