Japan Exchange Taps Cinnober for Derivatives Clearing
Cinnober to deliver real-time listed derivatives clearing through TRADExpress RealTime Clearing solution to Japan Exchange.
![Tokyo skyline Tokyo skyline](/sites/default/files/styles/landscape_750_463/public/import/IMG/770/283770/tokyo-japan-web-580x358.jpg.webp?itok=a7MAKr6s)
JPX will leverage the Cinnober TRADExpress RealTime Clearing system for its listed derivatives market, which is operated by the Osaka Exchange (OSE), and cleared by the Japan Securities Clearing Corporation (JSCC).
"We are making a major strategic investment following a detailed analysis and selection process," said Hiroyuki Shibuya, CIO of JPX, in a statement. "We now look forward to working together as one team as we move towards implementing a real-time clearing system that meets both global standards and international best practice."
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