Nasdaq Selected By Japan's Osaka Exchange For Derivatives Technology Upgrade
KUALA LUMPUR, Feb 4 (Bernama) -- Nasdaq Inc announced that Japan Exchange Group’s Osaka Exchange (OSE) has selected Nasdaq’s Eqlipse Trading and Market Surveillance technology platforms for its next-generation derivatives infrastructure.
In a statement, Nasdaq said the strategic technology partnership marks a significant step in OSE’s modernisation journey, positioning Japan’s derivatives market for stronger global competitiveness and future growth.
“OSE's modernisation programme reflects their commitment to delivering world-class market infrastructure that enhances Japan's position as a leading global derivatives market.
“Our technology will provide OSE with the agility and advanced capabilities needed to serve their clients while positioning for future innovation and growth,” said Nasdaq Head of Capital Markets Technology, Magnus Haglind.
Meanwhile, OSE President and Chief Executive Officer, Ryusuke Yokoyama said the exchange has built a strong and trusted relationship with Nasdaq over many years in the field of market infrastructure, and this new initiative will further reinforce its long-term collaboration.
“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,” he added.
The expanded partnership reflects OSE's commitment to deploying world-class infrastructure that can adapt to evolving market dynamics while maintaining the highest standards of performance, resilience, and integrity.
In addition, the advanced platforms will also enable OSE to rapidly deploy new products and services, scale efficiently as trading volumes grow and future-proof its operations for emerging market opportunities.
Under the partnership, OSE’s adoption of Nasdaq Eqlipse Trading will deliver enhanced performance, support multi-asset trading with ultra-low latency and provide flexibility to adapt to changing market conditions.
The integration of Nasdaq Market Surveillance technology will further strengthen OSE’s market integrity framework by using advanced analytics and artificial intelligence-powered capabilities to detect and investigate potential market abuse.
-- BERNAMA