"This is the first time I’ve ever experienced the launch of a system without the slightest hint of a problem. The extensive elimination of bugs in upstream processes was achieved as a result of the determination shared by Tokyo Stock Exchange and Fujitsu."
Kenichi Hosokawa Senior Manager, IT Development Tokyo Stock Exchange, Inc.
Tokyo Stock Exchange, Inc. (TSE) is one of the world’s top bourses, and it lists around 3,800 brands, including local and overseas equities, ETFs, and REITs. Daily trading value exceeds three trillion yen. The cash market trading system supporting such high transaction volumes is known as ‘arrowhead’. Developed together with Fujitsu under the slogan Challenge “10” msec, arrowhead sought to achieve a response time per order of less than 10 milliseconds, but ultimately achieved two milliseconds.