The tech firm’s proposed design for the JPX system was approved last week
The Japan Exchange Group is set to go live with a new
clearing system from Swedish tech firm Cinnober by the end of next year after JPX last week approved the design of the new technology.
The Asian group, which runs the Osaka
Exchange and clears through the Japan Securities Clearing Corporation, has signed
up for Cinnober’s real-time clearing on its listed derivatives market.
Cinnober chief executive officer, Veronica Augustsson, told
FOW on Monday JPX is set to go live on the tech toward the end of 2017.
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