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Juniper targets Tokyo Stock Exchange

09 Mar 2010

The networking firm has hailed the implementation of its technology into the exchange’s “arrownet” project a success.

The ‘arrownet’ project is described as the Tokyo Stock Exchange’s low-latency, high-capacity network that supports its securities trading system dubbed “arrowhead.”

TSE said that it selected Juniper Networks M320 and M120 Multiservice Edge Routers to form the core and access layers of the new network, based on “performance, reliability and track record with other exchanges and carriers”.

Yoshinori Suzuki, Managing Director and CIO of the Tokyo Stock Exchange, said, “We look for our IT infrastructure to be secure, reliable and able to quickly accommodate and adapt to changes in market conditions. With Juniper’s high-performance routers in place, arrownet is an important network platform upon which we have built arrowhead. The ultra low-latency response investors have been experiencing since the release of arrowhead proves that arrownet is delivering on our vision to supply a world-class trading infrastructure that is able to compete on equal terms with, or even surpass, any other financial market in the world.”

Juniper Chief Executive Officer, Kevin Johnson, said that the partnership is a testament to innovation driven through silicon, software and systems. “TSE now has one of the world’s most advanced financial trading networks, flexible enough to meet the exchange’s evolving needs while delivering the speed, reliability and security that their customers demand,” he said.

Earlier this month our sister publication, The Channel, reported that Juniper and IBM signed an OEM deal that allows Juniper to license and integrate Tivoli software into its open application networking platform.