Japan’s Osaka Securities Exchange has launched its new J-Gate derivatives trading system. Powered by Nasdaq OMX’s trading technology, the system boasts the world’s highest order processing capacity.

J-Gate has been in development since 2009, with assistance from NTT Data Corp as system integrator. It offers improved processing capabilities, such as reduced processing latency. It also brings the OSE into line with major international exchanges, enabling the introduction of market rules and functions similar to theirs.

OSE believes this will further enhance the competitiveness of its market. Michio Yoneda, president and CEO of OSE, said in a statement: “Through the utilisation of the world’s highest-level processing capabilities and the global standard trading functions of J-Gate, OSE continues to further enhance the competitiveness of its market, which we hope leads to strengthening competitiveness of the Japanese market.”