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Tokyo, October 7, 2009 - In order to further enhance market convenience for investors and Trading Participants, Tokyo Stock Exchange, Inc. (TSE) initiated to provide "Co-Location Service" at TSE Primary Site in May 2009. Since then, TSE has updated detail contents of Co-Location Service.
1. Outline of Co-Location Service at Primary Site
| Items | Contents |
|---|---|
| User | Trading Participants |
| System to be Provided | arrowhead (Equity, CB, ETF, REIT), Tdex+ (Options) , Derivatives (Futures), Market Data Distribution (replaced with New Market Data System on the launch date of arrowhead) |
| Power Supply | 1 Cable of 100V 20A per rack is
provided without charge 100V or 200V is available for further supply (redundant configuration is available) |
| Cooling | 4KVA per 1 rack cabinet (adjacent rack space can be used in case that more than 4KVA is required) |
| Rack Specification | 19 inch rack cabinet conforming
to EIA(US Electronic Industries Alliance) standard W800 x D1100 x H2200(45 rack units are available per rack) |
| Rental Unit | Rack cabinet, rack space |
| Operation | For the purpose of security, in
principle, entrance into the TSE Primary Site by Users is prohibited. In the case of an emergency, TSE staff will conduct emergency measures such as powering on/off and checking indicators. |
| Introduction and Maintenance | Users will select their own installation and maintenance
vendor(s) and register them in advance. Only registered vendors can
perform installation and maintenance. TSE staff will be in attendance throughout installation and maintenance. A set amount of tickets for entrance will be provided each month for the purpose of maintenance and audits (an extra entrance fee will be charged in the case of exceeding 10 times or 10 hours per rack per month). |
| Service Desk | A 24 hour Service Desk is available 365 days a year. |
| External Connection | Connection between Co-Location Area and user site outside
of Co-Location Area will be available via Access Point. Ethernet dedicated line and other types of lines will be available. |
*Contents of Co-Location Service have been updated to accommodate user demands and convenience, including change in usage method of maintenance/introduction vendors, provision of more types of bandwidths of lines.
2. Pricing
| Items | Price/Details |
|---|---|
| Monthly Basic Charge | 750,000 JPY per rack |
| Monthly Power and Cooling Fee | Pay-per-use system based on actual electricity usage measured by ammeter installed in accordance with Measurement Act |
| Monthly Entrance Fee (Additional) | Extra entrance fee for entering into TSE Primary Site to work at Co-Location Area by vendor(s) |
| Initial Costs | Electric Construction Fee and Service Introduction Fee |
*Service Introduction Fee may vary from User to User depending on User's contract.
| Items | Details |
|---|---|
| Monthly arrownet Charge (Unicast Line Fee) |
Data feed from co-located User system to TSE Systems to place order, etc. (10Mbps or 100Mbps) |
| Monthly arrownet Charge (Multicast Line Fee) |
Data feed from TSE Market Data Distribution Systems to co-located User system to receive market data (100Mbps or1000Mbps) |
| External Connection Fee (Initial and Monthly) |
Data feed from co-located User system via Access Point (2Mbps, 10Mbps, 100Mbps, 1Gbps) (initial and monthly fees) |
*Please see the "Welcome Pack for TSE Co-Location Service" for more details regarding pricing.
*TSE will revise Co-Location Service Charge depending on any changes.
3. Application and Others
- A User has been able to apply for Co-Location Service since January 2009 and may start installation of its devices at Co-Location Area at TSE Primary Site after completing the required procedures.
- Any Trading Participant who is interested in this Service may contact Co-Location Service Promotion Group, IT Business, Tokyo Stock Exchange, Inc, to obtain "Welcome Pack for TSE Co-Location Service", which has been distributed since December 26, 2008.
- As for order line with Cash Equities including equity, CB, ETF and REIT will be available from the launch date of arrowhead (January 4, 2010).
(Terms)
"Co-Location" is a service that minimizes the latency between Trading
Participants' and other market users' devices like automated order placement
servers and systems of trading venues such as exchanges, by allowing market
users to install their devices at data centers and/or network access points of
trading venues to minimize the physical distance between data centers and/or
network access points and market users' devices.
"Tdex+" is the nickname of the TSE's new options trading platform, which was launched on October 5, 2009 to strengthen system functions and enhance the liquidity of the TSE options market. All option products listed on the TSE such as securities options, index options, and options on Japanese Government Bond (JGB) futures are traded on the Tdex+.
"arrowhead" is the nickname of the next generation trading system, which has been developed and is planned to be launched on January 4, 2010 with faster response time, greater reliability, and more flexible expandability.
"arrownet" is the nickname of the new integrated network, which utilizes state-of-the-art technology to support the Tdex+ and arrowhead platforms. arrownet is a robust network, achieving extraordinarily fast and high volume data communication and enabling operations to continue at TSE back-up site in case of disaster. Furthermore, the TSE believes that this arrownet offers greater expandability and flexibility regarding inter-networking with overseas institutions.
