Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tokyo Stock Exchange: Emergency Increase Of Systems Capabilities

Date 31/07/2003

Due to the delay of market information and trade confirmations that occurred on July 3 of this year, as well as the recent increase in order volume, In Board meeting on July 30, TSE decided to increase the capabilities of its equities trading system and its market information system. Details of these changes can be seen in the chart below.

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System
Change
Effect
Date of Change
Notes
Equities Trading System CPU Upgrade Increase to 1.3X current order receiving processing capabilities October 2003
CPU Upgrade
Install increased system memory
Increase to 1.5X current order receiving processing capabilitiesOrder acceptance capabilities increased to 5.4 million per day (presently 4.5 million per day) December 2003
Replace with a higher-grade system Increase to 1.6X current order receiving processing capabilitiesOrder acceptance capabilities of 5.4 million orders a day, with the possibility to increase those capabilities January 2005
Market Information System Allocate space in CORES CB to CORES Increase per minute amount of data transmissions for CORES by 200 to 4,860 transmissions per minute July 7, 2003 (already in effect)
Allocate space in CORES FOP to CORES Increase per minute amount of data transmissions for CORES by 450 to 5,310 transmissions per minute July 22, 2003 (already in effect) Current capabilities
Upgrade present system CPU Increase per minute amount of data transmissions for CORES by 350 to 5,660 transmissions per minute October 2003
Reorganize present system programs Increase per minute amount of data transmissions for equities systems by 3,850 to 9,160 transmissions per minute February 2004
Replace system Increase entire market information system processing power (details yet to be decided) - Arrange measures in October 2003
CORES - Computer-assisted Order Routing and Execution System
CB - Convertible bonds
FOP - Future and Options