The Tokyo Stock Exchange (TSE) is planning to launch a low-cost version of its co-location service from June this year.
The new half-rack cabinet option will be charged at a basic rate of ¥400,000 per one-rack cabinet, compared to ¥750,000 for its standard offering. Other related costs, including initial costs, power and cooling fees and the connection fee for Arrownet, its integrated ring network for low-latency data dissemination, will be charged at the standard rate.
The half rack option will offer 2kVA cooling power per rack, compared to 4kVA for the standard service. Members will be able to apply for up to two half-rack cabinets each.
Also in June, the TSE plans to open an ‘on-site survey space’ to allow market participants to view the co-location facility. The survey space will be separated from the rack cabinets to maintain security.
The TSE upgraded its trading platform to the new Arrowhead system at the start of this year. Arrowhead was designed in 2006 after a series of outages prompted the TSE to review its exchange technology. Latency on the new platform is 5 milliseconds, although the TSE has said this can be reduced to below 1 millisecond using its co-location service.