News File

 Framework indicating the level of preparation of TIFFE SYSTEM with respect to the Year 2000

(Jun 1, 1998)

 1.TIFFE's fully automated computer trading system(FACTS) 


 
Central System
 
 
Network interface
 
 
Network

 
Participants' front-end-system
 
 
Name
 
FACTS
-
Member's terminal system
The system which
receives TIFFE
market information
Main functions
1)Matching system

2)Clearing system

3)Market database system

4)Market information system

Connectivity between
participant's system
and network
Connectivity between
participant's network
interface and
TIFFE's central system
1)Order entry

2)trade registration

3)output of reports

Receiving TIFFE
market information
Operator
TIFFE
NTT
Members
Members and information vendors
Technical platform
Hitachi VOS3/FS
Hitachi HI-UX/WE2
(Hitachi 3500)
Leased line
Windows NT
Ver.3.5
It depends on each participant
Status of preparation
 
Internal testing was completed
 
It depends on each participant
Internal testing
start date
 
August 1997
 
It depends on each participant
Internal testing
end date
 
March 1998
 
It depends on each participant
Testing by
external participants
 
No *1
 
No *2
External testing start date
 
-
 
(January 1999)
External testing
completion date
 
-
 
(February 1999)
Final Planned date of implementation
 
March 1998
 
(February 1999)
Connections with
other external system
 
Off-line: Bank of Japan, Chase Manhattan Bank
 


*1 : We don't carry out external testing concerning FACTS and Member's terminal system. Because we can confirm that those of systems are normally processed by the internal testing.

*2 : External testing concerning the system which receives TIFFE market information may be carried out in order to confirm the Year 2000 compliance of participants systems according to the necessity from January to February 1999.



 2. The other software (stand alone) which the TIFFE provides 

  1. TIFFE PC-SPAN for members' terminal system
    The Y2K compliance is completed.

  2. TIFFE PC-SPAN for DOS/V
    The Y2K compliance is not completed. The software which is complied with the Y2K will be provided in the near future.

  3. The Dealing Support System for Options on Three Month Euroyen Futures
    The Y2K compliance is not completed. The software which is complied with the Y2K will be provided in the near future.

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