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Osaka Securities Exchange chooses Nasdaq OMX platform

Source: Nasdaq OMX

The Nasdaq OMX Group (Nasdaq:NDAQ) today announced it has been selected as exchange technology provider to the Osaka Securities Exchange (OSE).

OSE, the premier Japanese derivatives and securities exchange, will deploy a NASDAQ OMX-based platform for derivatives trading. Implementation of the new system is underway and scheduled for launch in the first quarter of 2011.

"We are honored to be selected as system provider to OSE, marking our second market technology customer in Japan," said Lars Ottersgard, Senior Vice President, NASDAQ OMX Market Technology. "This is the result of a strong and close partnership with both OSE and NTT Data. We are focused on delivering a cutting-edge trading system ready for launch in 2011."