Established in 1949, TSE is a leading exchange in the Asian market. TSE boasts the second largest listed market capitalization and the fourth largest annual stock trading value in the world (USD-based, 2009).
In order to keep up with expanding trading activities and changing forms of trading methods, TSE built a new, next-generation trading system called "arrowhead." The system was designed to combine low latency with high reliability to accommodate diverse products, trading rules and changes within a short time window. Launched on January 4, 2010, "arrowhead" handles the auction trading of all of TSE’s cash products, including stocks and convertible bonds. As TSE had already used Red Hat Enterprise Linux as the operating platform of its derivatives trading system, TSE turned to it again as a base for building a trading system that offered higher reliability and improved performance.
With its Red Hat Enterprise Linux base, "arrowhead" today provides TSE with more advanced reliability, greater scalability, lower latency and improved flexibility and robustness. The new system aims to deliver a capacity of orders accepted per second ten times larger than that of TSE’s previous trading platform. TSE has measured an impressive order response time of two milliseconds and an information distribution time of three milliseconds. In addition, the solution offers the flexibility to accommodate new trading rules, the ability to be scaled with jumps in system demand and trading growth and expanded security and reliability.
"With our new ‘arrowhead’ trading platform and its millisecond distribution speeds, we have achieved a new level of technology innovation for Tokyo Stock Exchange," said Yoshinori Suzuki, managing director and CIO at TSE. "The high performance, scalability and reliability offered by Red Hat Enterprise Linux, combined with Fujitsu’s solid system construction and the services on its server platforms, have provided the technology advances necessary to meet our mission-critical system demands."
"Fujitsu is proud to deliver TSE’s new-generation trading system ‘arrowhead’ accompanied by our strong relationships with Red Hat and Intel. Leveraging our expertise for whole services, Fujitsu has successfully combined Red Hat Enterprise Linux with the mission-critical server PRIMEQUEST and the industry-standard server PRIMERGY," said Yoichi Hori, president, Platform Software Business Unit at Fujitsu. "We have accumulated such expertise through our mainframe businesses over the years and this is further proof of our ability and capability, applying to various requests of customer systems."
"Intel is delivering truly compelling technology advances to enterprise computing customers around the world," said Pauline Nist, general manager of Mission-Critical Platforms at Intel Corporation. "The Intel-based server is the platform of choice for mission-critical workloads such as TSE’s ‘arrowhead’ trading system, especially when combined with Red Hat Enterprise Linux and Fujitsu’s server technologies."
Red Hat is the world’s leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT. Learn more at http://www.redhat.com.
Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to delays or reductions in information technology spending; the effects of industry consolidation; the ability of the Company to compete effectively; the integration of acquisitions and the ability to market successfully acquired technologies and products; uncertainty and adverse results in litigation and related settlements; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company’s growth and international operations; fluctuations in exchange rates; and changes in and a dependence on key personnel, as well as other factors contained in our most recent Quarterly Report on Form 10-Q (copies of which may be accessed through the Securities and Exchange Commission’s website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management’s Discussion and Analysis of Financial Condition and Results of Operations". In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic and political conditions, governmental and public policy changes and the impact of natural disasters such as earthquakes and floods. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this press release.