The Tokyo Stock Exchange (TSE) said that the next-generation system will become the foundation of the public securities market. The exchange has selected Fujitsu to develop a system with functions at the world’s highest level in terms of speed, reliability, and scalability.
The TSE believes that the construction of a next-generation trading system will help make its market more reliable and convenient for market users, particularly investors and trading participants.
The TSE has been preparing to develop its next-generation trading system since March 2006. From now on, Fujitsu and the TSE, with the cooperation of trading participants, will work together by promptly launching a design process in a bid to have the system in operation during the latter half of 2009.