Nasdaq’s Eqlipse Trading and Market Surveillance technology platforms have been selected by Japan’s Osaka Exchange (OSE), to bolster the trading venue’s derivatives offering.
Magnus Haglind
As part of the collaboration, OSE will be able to quickly deploy new products and service, through enhanced performance capabilities and multi-asset trading support which is adaptable to market and volume fluctuations.
Moreover, by adopting Nasdaq’s Eqlipse trading offering, OSE clients will also gain access to risk management tools and market-standard APIs.
“The evolution of global capital markets demands infrastructure that can not only meet today’s requirements but anticipate tomorrow’s opportunities,” said Magnus Haglind, head of capital markets technology at Nasdaq.
“[…] Our technology will provide OSE with the agility and advanced capabilities needed to serve their clients while positioning for future innovation and growth.”
In addition, the integration of Nasdaq’s Market Surveillance technology will see OSE leveraging advanced analytics and AI-powered capabilities to enhance the exchange’s market integrity framework.
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The partnership is also expected to enhance the positioning Japanese derivatives market on a global scale, and poise the region’s industry for future growth opportunities.
“We have built a strong relationship of trust with Nasdaq over many years in the field of market infrastructure, and this new initiative will further reinforce our long-term collaboration,” Ryusuke Yokoyama, president and chief executive of OSE.
“The platform will significantly enhance the foundation of derivatives trading at OSE, and by combining Nasdaq’s expertise with our own experience, we believe we can provide all market stakeholders with a safer and more efficient trading environment.”
The integration with OSE is not Nasdaq’s first venture into Japan’s financial markets, and the firm has long provided its Calypso, AxiomSL and Trade Surveillance technology solutions to Japanese institutions, spanning capital markets, treasury and regulatory platforms.
AloJapan.com