Introduction of J-GATE
OSE adopted the trading system of NASDAQ OMX used by many overseas exchanges for the derivatives trading system (“J-GATE”), considering the trend of domestic and international competing exchanges and from the viewpoint of improving convenience for investors and international competitiveness of the OSE markets. J-GATE was launched on February 14, 2011.
Three Purposes of Introducing J-GATE
Adoption of Global Standard Rules
OSE removes barriers for new entry and support global practices by adopting standard rules, functions and transaction forms that are employed in major overseas markets.
Performance at International Standard Level
OSE adopts the package system that has been used over 70 exchanges in the world and is equipped with high level of order processing functions.
Improvement of Accessibility
OSE reduces the load on system connection to the trading system through providing an interface as API and FIX.
Name of J-GATE
OSE decided on “J-GATE” as a name of the next generation derivatives trading system for making its derivatives market well known to and used by a wide range of local and overseas investors.
“GATE” stands for “Global Access Trading Engine”. It expresses "a globalized image”, the entrance from abroad to Japan and from Japan to abroad. In addition, “GATE” means a robustness of the system from its original meaning of the word “gate”.
The logo mark expresses a speediness in responding to changes by making “G” in “GATE” out of two curve lines. “G” expresses a broadening for future by gradation of blue, which is the corporate color of OSE.