JAPAN: JPX Selects Cinnober Real Time Clearing for Listed Derivatives

Monday February 29 2016

Cinnober has announced that it was selected by the Japan Exchange Group (JPX) to deliver a real-time clearing solution for its listed derivatives market, which is operated by the Osaka Exchange (OSE), and cleared by the Japan Securities Clearing Corporation (JSCC). The new implementation will be based on Cinnober’s TRADExpressRealTime Clearing.

The multi-asset clearing solution from Cinnober enables clearinghouses to monitor and manage risk in real time across multiple markets, both OTC and exchange-traded. The solution has proven itself at several high-profile CCPs globally — enabling margin and settlement savings for their clients thanks to netting effects, offering improved risk management, extreme performance, faster product development capabilities and efficient operations.

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