Options Technology Celebrates Successful Launch of TSE Upgrade
Options Technology Celebrates Upgrade Success at the Tokyo Stock Exchange
Options Technology, a leader in capital markets infrastructure, is proud to announce the successful go-live of the Tokyo Stock Exchange (TSE) with their upgraded cash equity trading system, known as arrowhead version 4.0. This significant enhancement took place earlier this month and represents a crucial milestone in the continuous collaboration between Options and the TSE.
Significance of the arrowhead Upgrade
The arrowhead upgrade is a pivotal development, being the fourth major enhancement to the TSE’s trading architecture since 2010. This upgrade not only emphasizes the TSE's commitment to advancing trading technology but also strengthens the existing relationship with Options Technology. A thorough weekend of testing was completed prior to the launch, allowing all market participants the opportunity to prepare for the transition, ensuring that the upgrade proceeded flawlessly.
Continuing to Enhance Equity Markets
With the introduction of arrowhead 4.0, the TSE has decided to extend the duration of their afternoon trading session by an additional 30 minutes. This extension aims to provide greater flexibility and trading opportunities for investors and stakeholders alike.
Insights from Leadership
Danny Moore, the President and CEO of Options Technology, expressed his enthusiasm regarding this successful deployment. He highlighted the TSE's dedication to improving trading efficiencies and reliability within these critical markets. Moore praised the collaborative efforts between Options and the TSE, extending commendations to clients for their engagement and extensive support during testing phases.
Innovative Solutions Provoked by Upgrade
To complement this upgrade, Options Technology's cutting-edge Atlas product suite plays an instrumental role. Through the Atlas platform, clients benefit from real-time access to advanced monitoring tools and predictive analytics, enabling more informed decision-making in a fast-evolving marketplace, enhancing the ability to assess market risks effectively.
Technology Behind the Success
At the core of Options Technology is the AtlasFabric, their state-of-the-art low latency network that efficiently transmits critical trading data. This ensures that clients receive information promptly, maintaining an edge in the competitive financial landscape. Through tools like the real-time AtlasVision monitor, firms can visualize market dynamics in real time.
Continuity in Innovation
Options Technology's recent achievements, including the launch of the industry's first low latency ticker plant, reflect their commitment to innovation. Moreover, the acquisition of Packets2Disk and investment from Vitruvian Partners have been crucial in enhancing their portfolio for market data and analytics.
Global Expansion and Growth Strategy
The company's commitment to expanding its footprint is evident with new offices opening in key regions such as Sydney and Dubai. These strategic expansions affirm Options Technology's intention to serve a growing global client base, providing state-of-the-art financial technology solutions.
About Options Technology
Options Technology is at the forefront of financial technology, providing infrastructure services that support global banking and trading operations. With a vast network of offices across prominent cities worldwide, Options serves clients with unparalleled expertise in high-performance networking, cloud solutions, security measures, and artificial intelligence.
Frequently Asked Questions
What is the arrowhead upgrade?
The arrowhead upgrade refers to the enhancement of the TSE’s cash equity trading system, which improves speed and reliability in trading operations.
Who is Options Technology?
Options Technology is a leading financial technology firm specializing in infrastructure for banking and trading, known for its innovative solutions.
What benefits does the Atlas platform provide?
The Atlas platform gives clients access to real-time monitoring tools and predictive analytics, assisting them in evaluating market risks and opportunities.
Where does Options Technology operate?
Options Technology operates globally with offices in major financial hubs, including New York, London, Tokyo, Sydney, and Dubai.
Why is the TSE’s afternoon session extended?
The TSE has extended the afternoon session by 30 minutes to offer more trading flexibility and increased opportunities for market participants.
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