Japan Exchange Group launches new derivatives trading system from Nasdaq


Japan Exchange Group (JPX) and Nasdaq have officially announced that JPX has gone live with their new next-generation derivatives trading system for the JPX subsidiary, Osaka Exchange. This is a milestone in the relationship between Nasdaq and JPX, who have been working together since 2011.

“We are proud to be supporting JPX as they successfully launch their new trading system on the Osaka Exchange,” said Lars Ottersgård, Executive Vice President, Market Technology, Nasdaq. “As JPX continues to expand its business both regionally and globally, the technology they’ve implemented will provide the flexibility and performance capabilities, as well as the risk and surveillance solutions, to help the exchange group meet and exceed their growth plans.”

The trading system, which is one of the fastest, most proven and robust matching engines in the world, will provide the Osaka Exchange with higher performance, longer trading hours and more flexibility for new products, all of which would contribute to its further business expansion.  In addition to the trading system, Osaka has also launched Nasdaq’s real-time, cross-market market surveillance (SMARTS) and pre-trade risk management (TradeGuard) technologies. These new systems will help Osaka to bolster safety and market quality, while enhancing market integrity across their marketplace.

“We would like to express our gratitude and appreciation to all who have contributed to the successful launch of this new J-GATE platform,” said Hiromi Yamaji, President & CEO, OSE. “Powered by Nasdaq’s trading technology and innovative solutions such as SMARTS and TradeGuard, we will bring our customers the most deterministic trading platform with enhanced surveillance and risk management functions. We continue to make every effort to enhance reliability, usability and competitiveness of the OSE market.”

Nasdaq’s exchange technology, including trading, clearing, CSD and market surveillance systems, is in operation in over 100 marketplaces across the USA, Europe, Asia, Australia, Africa and the Middle East.

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Japan Exchange Group launches new derivatives trading system from Nasdaq

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