News File
Framework indicating the level of preparation of TIFFE SYSTEM with respect to the Year 2000 (No.2)
(Oct 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
|
Yes *1
| Yes *1 |
External testing start date
|
-
| May 1999 |
External testing
completion date
|
-
| May 1999 |
Final Planned date of implementation
|
March 1998
| May 1999 |
Connections with
other external system
|
Off-line: Bank of Japan, Chase Manhattan Bank
|
*1 : We will carry out external testing concerning FACTS and
participants' system on 15 and 16 May,1999 with Bank of Japan,
Tokyo Stock Exchange, ZENGINKYO(Federation of Bankers Association of Japan)
and so on.
2. The other software (stand alone)
which the TIFFE provides
- TIFFE PC-SPAN for members' terminal system
The Y2K compliance is completed.
- 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.
- 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 November,1998.