TNS Opens Up Japanese Market to Global Trading

August 18th, 2015

Transaction Network Services (TNS) has established a new connection into the colocation service of JPX, Japan’s main bourse.

Under the agreement, TNS is offering high speed, reliable, cost-effective connectivity services to the JPX Colocation Service via its secure link into the arrownet-Global Service. Arrownet-Global is an ultra-low latency end-to-end network service enabling market participants to connect directly from overseas markets into JPX’s colocation facility under a single contract. From there, customers can reach JPX group members, including the Osaka Securities Exchange and Tokyo Stock Exchange (TSE).

Ryusuke Yokoyama, Executive Officer at TSE, said: “Our primary mission remains firmly aligned with our role at the core of a capitalist market economy. This is to provide highly liquid markets with fair and transparent price discovery, offer investors effective means to manage their assets and supply listed companies with the necessary funds for corporate development and growth. “We’re delighted to have arranged our connection with TNS, as we see this playing a significant role in helping us to continue achieving these objectives and realize our mission to be ‘the most preferred stock exchange in the Asia-Pacific region’. TNS’ solid heritage and expertise, as well as its reputation for service delivery and operational management, will help us to grow our business.”

TNS will provide JPX’s brokers and other clients with alternative access to their markets for both domestic and overseas monitoring, and algorithmic tuning purposes. On-net firms can use their existing TNS connections to reach JPX’s colocation facility, with connectivity being delivered in days. Alex Walker, Executive Vice-President and Managing Director, TNS Financial Services Division, said: “We’re committed to strengthening our financial community of interest and extremely pleased to have established a connection with JPX. We expect to receive interest from many overseas firms, particularly buy-side organizations, wishing to trade on its markets. “The combination of JPX’s technology and state-of-the-art data center with our tried and tested financial community network will prove unbeatable in the fast paced and highly demanding securities trading world.” JPX was established in 2013, after the Tokyo Stock Exchange Group and Osaka Securities Exchange combined. It operates financial instruments exchange markets to provide market users with reliable venues for trading listed securities and derivatives instruments.

The group also includes the Japan Securities Clearing Corporation and Japan Securities Depository Centre. Optimized for electronic securities trading, TNS’ robust secure network is relied on by the global financial markets for mission-critical connectivity where speed, security and resilience are paramount. TNS brings together an extensive global financial community of interest of more than 1,900 endpoints, including many of the world’s most prominent and influential buy and sell-side institutions, market data and software vendors, exchanges and alternative trading venues. It offers support for a full range of asset classes, as well as eCommerce and FIX connectivity. Through one highly secure low latency connection to TNS, financial organizations can connect to multiple diverse trading partners, including those in emerging markets across the Americas, Asia and Europe. Its services are supported by 24x7x365 monitoring and helpdesk support.

Find details for your appropriate TNS representative on our contact page