Osaka Securities Exchange Co., Ltd (OSE) successfully launched its new derivatives trading system “J-GATE”, which is equipped with the international standard trading functions and the world’s highest-level order processing capacity on February 14, 2011. The operational status over a year after the launch of J-GATE are as follows.
As the largest derivatives exchange in Japan, OSE will contribute to the enhancement of Japan’s function as an international financial center through the stable operation of J-GATE.
- Order Processing Latency(*1)
The average order processing latency through Zaraba in a Day Session is stable at below 2 ms for Nikkei 225 Futures and Nikkei 225 Options, at below 1 ms for Nikkei 225 mini. - Night Session
OSE started "Night Session" (16:30 to 3:00 on the next day) for Stock Index Futures and Stock Index Options trading on July 19, 2011 (trading day of July 20, 2011).
Trading volume ratio to Day Session(*2) was 48.0 % on November 2011, which hit the record high on a monthly basis.
- (*1) "Order processing latency" in J-GATE refers to the time from receiving an order until completing a registration to the order book and responding to the order.
- (*2) Calculated by using figures of Stock Index Futures and Stock Index Options trading.