Monday January 19 2015
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Country: Japan
Japan Exchange Group (JPX) and Nasdaq have agreed on the development of a next-generation trading system for derivatives on the Osaka Exchange.
The Osaka Exchange will operate on Genium INET technology, SMARTS market surveillance and TradeGuard for pre-trade risk management functionality.
It is expected that this development will have various advantages for JPX, including:
- Improved flexibility and performance capabilities
- Increased transparency
- Fairer market practices
Click on the above link for further details.