Following a number of recent problems, including system failures and insufficient capacity, the Tokyo Stock Exchange has pledged to overhaul its platform before it considers listing its own shares.
Among a number of measures listed in the company’s mid-term management plan, TSE intends to look at a next generation system based on enterprise architecture which will be capable of connecting management and IT and accommodating its growing liquidity.
TSE said its principal responsibility was to ensure market users conducted transactions with peace of mind and to that end it would be working to reestablish a stable market operation platform as soon as possible.
In summary the company said it wanted to establish the TSE as a robust, speedy, and flexible system.
