Risk.net

TSE plans $529 million e-trading system upgrade

New Angles

pg9-tokyostock-gif

The Tokyo Stock Exchange plans to spend $529 million on upgrades to its electronic trading platform, after a year of operational embarrassment.

The exchange will spend $128 million on improving existing systems, $256 million on replacements and $145 million on a back-up site over the next three years, says TSE chairman Taizo Nishimuro.

As a response to several system failures, the exchange promised in February to increase its capacity from 9 million to 12 million orders a day by May, and to 14

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: