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FTSE Mondo Visione Exchanges Index:

Osaka Securities Exchange Enhancement of Trading Platform and Commendation Received

Date 23/10/2006

Osaka Securities Exchange Co., Ltd. (OSE) is pleased to announce that, in accordance with the enhancement plan (announced on July 25, 2006), it enhanced the processing capacity of the trading platform on October 2, 2006; the trading platform continues to operate smoothly after the enhancement. (Please see the table below for details.)

Also, OSE is pleased to announce that its trading platform received a commendation, as an information processing system contributing to informatization in Japan, from the Meeting for the Promotion of Informatization Month, by Ministry of Economy, Trade and Industry, Cabinet Office, Ministry of Finance and other organizations (chaired by Mr. Yukiharu KODAMA, the former Administrative Vice Minister for International Trade and Industry and the President of Japan Information Processing Development Corporation). Reasons for the OSE’s trading platform to receive such commendation include that it was built on a fully-open architecture as the first to do so among exchanges in Japan, and became a good example of building a system with high performance and high reliability on an open architecture.

Details of Trading Platform Enhancement

  Before Enhancement After Enhancement  (Oct. 2, ’06) End of FY’06 (Planned)
Processing Capacity per day No. of Orders 4.2 mil orders 8 mil orders To be handled depending on the situation
No. of Executions 2.5 mil executions 3.3 mil orders
Processing Speed Orders per second 450 orders 450 orders To be enhanced approx. double
 [Ref.] Response time (from order placement to notification reception): 0.1 second