TOKYO COMMODITY EXCHANGE BEGINS USE OF NASDAQ SYSTEM

Posted May 8, 2009

NEW YORK and STOCKHOLM – The Tokyo Commodity Exchange (TOCOM) has gone live with a new trading system from The Nasdaq OMX Group Inc., as Nasdaq OMX’s first Japanese customer to base its trading system on their technology.

“Today's launch signifies a new era for Japanese commodity trading and allows us to offer world-class trading functionality in line with international practices,” says Masaaki Nangaku, President and CEO of TOCOM. “With this new high-performance platform we are in a prime position to establish TOCOM as a leading derivatives exchange in Asia.”

TOCOM chose Nasdaq OMX to provide technology for its New Generation System in April 2008, and NTT Data served as prime contract and system integrator for the implementation. TOCOM is Japan’s largest commodity futures exchange, listing contracts for commodities, including metals, oil and rubber.

“With its new high-end system, TOCOM can process millions of trades at millisecond speed, enabling them to reinforce their position as a world leader in the commodity exchange space,” says Lars Ottersgard, Head of Nasdaq OMX Market Technology. “We look forward to continuing our partnership with TOCOM and NTT Data to support growth in the Japanese commodities markets.”