Japan Exchange Group live with Cinnober’s Clearing and Risk solutions
Cinnober’s real-time clearing and CCP risk solutions live at the Japan Exchange Group’s derivatives marketOn February 13, Japan Exchange Group (JPX) successfully launched its new clearing system for exchange traded derivatives, based on Cinnober’s TRADExpress RealTime Clearing, and a CCP Risk solution. The JPX ETD derivatives market is operated by the Osaka Exchange (OSE) and cleared by the Japan Securities Clearing Corporation (JSCC), both part of JPX. With the new technology, JPX is modernizing its post-trade and clearing infrastructure in a move to strengthen its position as an