Osaka Securities Exchange to launch high-speed derivatives platform

Japan's Osaka Securities Exchange plans to introduce a new ultra-low latency derivatives trading platform, J-GATE, on 14 February 2011.
By None

Japan's Osaka Securities Exchange (OSE) plans to introduce a new ultra-low latency derivatives trading platform, J-GATE, on 14 February 2011.

The new system will reduce average order processing latency from 100 to five milliseconds, as well as increase order processing throughput from 800 to 12,000 orders per second, based on recent tests.

Users will be able to connect to the platform using co-location, proximity hosting or by ā€¯premium direct' connection, which provides high-frequency market data from the OSE's data centre. The OSE is also constructing a new low-latency network, GATENET, to utilise the improved processing abilities of J-GATE.

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