Tokyo Stock Exchange Decides Detail Contents And Pricing Of Co-Location Service

Tokyo Stock Exchange, Inc. (TSE) has announced its decision today on detail contents and pricing of its "Co-Location Service" at TSE Primary Site. Co-Location Service is designed to further enhance market convenience for investors and trading participants.

On August 26, 2008, TSE announced that it had been in discussions with NTT Communications Corporation, which operates data center at the TSE arrownet access point, about providing customer connectivity service at the access points. Still, NTT Communications and TSE have examined feasibility of that service. This time, TSE has decided to announce about Co-Location Service only at its Primary Site.

As for TSE Systems to be provided for Co-Location Service, Derivatives Trading System (Futures) and current Market Data Distribution System for Cash Equities and Futures will be available from July 2009, in addition to Tdex+ (Options). Although TSE announced that the maximum cooling per rack cabinet would be 4KVA and physical access to TSE Primary Site for introduction and maintenance for devices at co-location site would be completely prohibited, TSE decided that more than 4KVA cooling per rack and access by introduction and maintenance vendor at TSE Primary Site would be allowed and other necessary measures had been taken.

Pricing for Co-Location Service is composed of "Co-Location Service Charge" and "Co-Location Network Charge". Co-Location Service Charge consists of monthly Basic Charge, Power and Cooling Charge and initial costs such as Electricity Construction Fee and Service Introduction Fee. Co-Location Network Charge is for connection between TSE Systems and user data center via the user's co-location rack and Order Line (unicast), Market Data Line (multicast) and External Connection Fee. TSE will revise Co-Location Service Charge depending on any changes.

Service Desk will start its operation in January 2009, and a user can apply for TSE Co-Location Service between January and February 2009 and may start installation of its devices at TSE Primary Site from May 1, 2009.

1. Outline of Co-Location Service at Primary Site

Items	Contents
User	Trading Participants
System to be Provided	Tdex+, arrowhead, Derivatives (Futures), Market Data Distribution
Power Supply	100V or 200V per 1 rack cabinet (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	W800 x D1100 x H2200(47 rack unit)
Rental Unit	Rack cabinet, rack space
Operation	In principle, user shall not enter into TSE Primary Site because of TSE security policy. In case of emergency, a person in charge at TSE will visually confirm the power supply indicators of user devices, turn on and off power supplies of the devices, etc.
Introduction and Maintenance	Consigned vendors selected by user from TSE authorized vendors will introduce and maintain the user's devices at co-location site. TSE staff(s) attends maintenance vendor staffs during all the time the vendor staffs work for maintenance. TSE issues limited number of tickets allowing a maintenance vendor to enter into TSE Primary Site.
Service Desk	24/7 Service Desk at TSE IT Services
External Connection	Connection between co-location site and user site outside of co-location site will be available via arrownet access point. IP-VPN and other types of lines will be available.

* In addition to Tdex+, Derivatives Trading System (Futures) will be available for Co-Location Service from the commencement date of the service in July 2009. Further, current Market Data Distribution System for Cash Equities and Futures will be also available at the same time.

2. Pricing

Co-Location Service Charge

Monthly Basic Charge	750,000 JPY per rack
Monthly Power and Cooling	Billed based on actually used power and cooling
Initial Fees	Electricity Construction Fee and Service Introduction Fee

* Service Introduction Fee is variable based on user contract.

Co-location Network Charge

Monthly Order Line (unicast)	Data feed from user system to TSE Systems to place order, etc. (10Mbps or 100Mbps)
Monthly Market Data Line (multicast)	Data feed from TSE Market Data Distribution System to user system to receive market data (100Mbps or 1,000Mbps)
Monthly External Connection Fee	Data feed between user system at TSE co-location site and the user system outside of the co-location site via arrownet access point

* Monthly charge per rack defers based on user contract such as the number of racks, lines, power supply, cooling, etc. However, monthly charge other than External Connection Fee per rack will be approximately 800,000 - 1,200,000 JPY per rack for standard usage (4KVA, redundant power supply, 2 lines for electric cable, etc.)

* TSE will revise Co-Location Service Charge depending on any changes.

3. Application and Others

A user can apply for Co-Location Service during the "initial application period" between January and February 2009, and may start installation of its devices at co-location site at TSE Primary Site from May 1, 2009

Prior to the initial application period, TSE is planning to distribute "Welcome Pack for TSE Co-Location Service" in late December 2009. Any Trading Participant who is interested in this service may contact Co-Location Service Promotion Group, IT Services, Tokyo Stock Exchange, Inc.

In addition to Tdex+, order line between TSE Derivatives Trading System (Futures) and co-location rack will be available from the commencement date of the service. As for order line with Cash Equities including equity, ETF and REIT will be available from the launch date of arrowhead January 4, 2010.