Japan Exchange Group (JPX), the business formed by the merger of the Tokyo Stock Exchange (TSE) and the Osaka Securities Exchange (OSX), has released its technology strategy and roadmap covering the two exchanges' integration and forward IT movement.
Broadly speaking, JPX plans three primary strategies from its upcoming tasks─creating synergies from integration, improving its infrastructural reliability and enhancing existing systems. By the end of 2014, it aims to complete the integration of systems such as cash trading, margin, clearing, and its derivatives trading platform. The development of a next-generation 'Arrowhead' system will continue into 2015, while preparations for a new derivatives sytem are also planned.
JPX also seeks to expand connectivity to its Arrownet service, while promoting co-location programs for its markets. A small section lists one aim as preventing the software glitches which have plagued the TSE over recent months.
Along with its IT strategy, JPX also released its medium-term management plan, restating its objective to become the largest Asian market and emphasizing its focus on initial public offerings (IPOs) in the region.
More from Sell Side Technology
Updating your subscription status
Winner's Announced: Sell-Side Technology Awards 2014
The winners of the 2nd annual Sell-Side Technology Awards 2014 were announced in New York on April 15. These awards recognize the leading technologies and third-party vendors in their area of expertise, through an auditable and transparent methodology. To view the winners across the 24 categories click here.
03 Nov 2014
18 Nov 2014
04 Dec 2014
03 Nov 2014
17 Nov 2014
The over-the-counter (OTC) derivatives market is in the midst of a global regulatory restructure. Authorities in Europe, Asia and the US are currently...
A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....