INTERNATIONAL: Johannesburg Stock Exchange Selects LSEG MillenniumIT Trading Solution

Wednesday July 29 2015

MillenniumIT, the provider of ultra-low latency and resilient capital markets solutions and part of London Stock Exchange Group, has announced that Johannesburg Stock Exchange (JSE) has selected MillenniumIT to provide the technology for its derivatives and fixed income markets. The move will extend JSE’s use of MillenniumIT’s next generation integration platform (MAP™), the Millennium Exchange™ trading platform and Millennium Surveillance™ products beyond equities, providing an integrated multi-market and ultra-low latency solution in support of the JSE’s strategic objective of integrated trading and clearing.

MillenniumIT’s integrated technology will be rolled out across JSE’s derivatives and fixed income markets: equity derivatives, currency derivatives, commodity derivatives, bonds and bond derivatives.

The exchange-wide project to move all asset-classes onto MillenniumIT’s technology platform and surveillance solution will take a phased approach.

Phase one will migrate JSE’s equity derivatives and currency derivatives markets onto MillenniumIT’s solution, with the integration of the remaining markets in subsequent phases.

Click on the link above for further details.