TSE unveils plans for new platform

A spokesperson for the exchange said the rapid increase in the number of trading orders was placing a strain on the current system architecture. “We would like…[a] more robust, flexible, scalable and speedy new system,” the spokesperson added.

TSE chairman and president, Taizo Nishimuro, told local media the new platform would have better backup features and higher trade execution speed.

The TSE has an ongoing study of its IT infrastructure, dubbed, ‘the IT master plan’, which it revisits every year. The exchange spokesperson said the current IT master plan will be revised and the budget will also be updated accordingly.

But the spokesperson said more details about the next-generation computer system would only be available after a chief information officer is hired. The exchange is in the process of recruiting a chief investment officer.

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