TOKYO & NEW YORK--(BUSINESS WIRE)--Nomura Research Institute (NRI, TOKYO:4307), a leading provider of consulting services and system solutions, today announced that I-STAR/CORE has added a new function to respond to a new listed options trading method, Flexible Options. The new method was recently introduced by Osaka Exchange, Inc. (OSE) on June 25th, 2018.
With Flexible Options trading, contract terms are negotiated and customized, registered with the exchange and then delivered to financial institutions twice a day. I-STAR/CORE, which was recently revamped with enriched real-time processing, reliability and expandability, has now added functionality that can automatically upload the security information as it’s delivered twice a day.
As a result, all I-STAR/CORE users can now process the following post-trade processing on the same day: | |||||
(1) | Manage limitation of positions and deposits | ||||
(2) | Engage in market syndication, reconciliation and accounting | ||||
(3) | Create regulatory reports for external institutions that are compliant with market standards and ongoing mandates | ||||
More information about Flexible Options trading models may be found here: http://www.jpx.co.jp/news/2040/nlsgeu000002p22h-att/nlsgeu000002p266.pdf
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