TT connects to Osaka Securities Exchange

Source: Trading Technologies International

Trading Technologies International (TT) has released a new connection to Osaka Securities Exchange (OSE).

This announcement coincides with the launch of OSE's new J-GATE derivatives trading platform, which debuted today.

TT's new OSE gateway directly connects its X_TRADER® derivatives trading platform and related electronic trading products to OSE, Japan's largest derivatives exchange. Through the new gateway, TT customers can trade a broad range of securities-related futures and options products listed on OSE including Nikkei 225 futures, mini and options plus Russell Nomura Prime Index futures.

"OSE is very pleased to work with established vendors such as TT. We believe that ISVs are key strategic partners in facilitating the ever advanced trading needs of our market participants. TT's new derivatives trading connection to J-GATE is testament to the increasing focus on Japan by the international trading community. We believe that this commitment will mutually benefit and further strengthen TT's position as one of the leading global ISVs, and further elevate OSE's position as one of the premier derivatives markets in Asia," said Michio Yoneda, Chief Executive Officer of OSE.

With the release of the new OSE link, TT now connects to four of Japan's top five derivatives exchanges. TT released its Tokyo Commodity Exchange (TOCOM) gateway in May 2009, and last month TT began providing access to Tokyo Financial Exchange (TFX) and Tokyo Grain Exchange (TGE). TT will extend full coverage to the Japanese derivatives markets later this year with a new link to Tokyo Stock Exchange (TSE).

TT customers have the option to spread OSE products against contracts listed on all TT-supported exchanges. TT currently provides connectivity to approximately three-dozen exchanges in North and South America, Europe, the Middle East and the Asia/Pacific region.

"We are pleased to be able to provide our customers with access to Osaka Securities Exchange. We expect OSE's products will appeal to TT users around the world, including of course our expanding base of customers in Japan," said Harris Brumfield, CEO of TT.

TT customers can choose to host their gateways internally or outsource connectivity to TTNETTM, TT's fully managed hosting solution. Japanese market gateways hosted by TTNET are located close to the exchange at TT's Tokyo hub. Regional colocation and proximity hosting via TTNET data centers enhances a trader's edge via maximum speed advantages for prices and orders from and to each exchange.

 

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