SBI Japannext in X-stream upgrade

SBI Japannext has launched a new NASDAQ OMX powered X-stream INET trading system. The Japanese PTS (Propriety Trading System), along with its members, will benefit from significant ultra-low latency and throughput capacity advantages by upgrading to the INET version of NASDAQ OMX’s X-stream exchange technology. X-stream is a multi-asset system that complies with international standards and is capable of handling equities, commodities, debt, ETFs, futures, options, swaps and derivatives on a single platform.

Chuck Chon, Co-CEO, SBI Japannext says: “This new system upgrade will enable us to offer our customers a powerful, ultra-low latency trading system in line with international standards. High-performance trading technology is a vehicle for growth for us. By moving to X-stream INET, we can continue increasing our market share, industry leadership and growing customer base domestically and abroad.”

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