Printer Friendly
The Free Library
14,599,499 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Okachi Selects Internap Japan for Online Futures Trading Service.


ATLANTA & TOKYO -- Internap(R) Network Services Corporation (AMEX AMEX

See: American Stock Exchange
: IIP IIP Investors In People
IIP International Information Programs (US State Department)
IIP Index of Industrial Production
IIP Iraqi Islamic Party
IIP International Ice Patrol (US Coast Guard) 
), the leading provider of performance-based routing technology over the Internet, announced today that Okachi & Co., Ltd., a pioneer of futures trading firms in Japan, has selected Internap Japan to provide high-quality Internet connectivity services to power its web-based online futures trading business.

Okachi, one of the leading Japanese futures commission merchants Futures commission merchant (FCM)

A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with such solicitation or acceptance of orders, accepts any
 serving the international community, recently launched its online trading Online Trading

Making trades via the Internet.

Notes:
The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online.
 system, known as OASIS. OASIS connects to Internap Japan's Tokyo-based Private Network Access Point (P-NAP), which connects to multiple Tier-1 Internet Service Providers. By employing Internap's intelligent routing capabilities, the OASIS system can automatically select the most efficient path for sending futures trading data to its customers.

"Okachi has been a leader of the futures trading business in Japan and the rest of Asia for over 50 years," said Kazumichi Okachi, President of Okachi & Co., Ltd. "Internap's Internet connectivity is the best suited to our new online services. Our web-based, real-time trading requires reliable and high-quality Internet connectivity. Internap fulfills these requirements, helping Okachi maximize customer satisfaction."

"Internap has a large market share in the financial sector here because our Internet connectivity service meets stringent demands from customers for high levels of reliability and quality," said Mitsuo Yoshida, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Internap Japan. "Our P-NAP's redundant network architecture and intelligent routing technology provide Okachi with the confidence to deploy their "on-demand" futures trading applications over the public Internet."

Okachi's OASIS futures trading system enables online customers to get real-time information of futures quotations and transfer orders to the futures market futures market, a commodity exchange where contracts for the future delivery of grain, livestock, and precious metals are bought and sold. Speculation in futures serves to protect both the developers and the users of the commodities from unfavorable and unpredictable  system. In addition to Tokyo, Okachi has operations in Hong Kong, Malasia and Thailand.

About Okachi

Okachi & Co., Ltd. is a pioneer Future Commission Merchant with active membership in all Japanese Commodity Exchange. With more than 50 years of experience, Okachi can offer its customers full professional brokerage services and access to all commodity futures market in Japan. The website is www.okachi.co.jp.

About Internap Japan

Founded in April 2001, Internap Japan Co. Ltd. Is a joint venture between Internap Network Services (51 percent), NTT-ME (40 percent) and Nippon Telegraph and Telephone Nippon Telegraph and Telephone Corporation (日本電信電話株式会社   Corporation (NYSE NYSE

See: New York Stock Exchange
: NTT NTT Nippon Telegraph and Telephone Corporation
NTT New Technology Telescope
NTT National Technology Transfer, Inc
NTT Name That Tune (TV game show)
NTT National Tree Trust
NTT Number Theoretic Transform
) (9 percent). The company provides high-performance/quality broadband Internet services to ISPs and content delivery companies using Internap's intelligent routing service and technology.

About Internap

Internap is the market leader of intelligent route-control solutions that bring reliability, performance and security to the Internet. The company's patented and patent-pending technology address the inherent weaknesses of the Internet, enabling enterprises to take full advantage of the benefits of deploying business-critical applications such as e-commerce, Voice over IP (VoIP), video-conferencing, and streaming audio/video across the Internet. Through a portfolio of high-performance IP solutions, customers can bypass congestion The condition of a network when there is not enough bandwidth to support the current traffic load.

congestion - When the offered load of a data communication path exceeds the capacity.
 points, overcome routing inefficiencies and optimize performance of their applications. Internap solutions are backed by an industry-leading performance guarantee that covers the entire Internet as opposed to just one network. These offerings include: network- and premise-based route optimization solutions, colocation, VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. , content distribution, managed security and managed storage services.

Internap currently serves more than 1,800 customers including Fortune 1000 and mid-tier enterprises in the financial services, government; travel/hospitality, manufacturing, media/entertainment, technology and retail industries. The company provides services throughout the United States, United Kingdom and Japan. For more information, please visit the company website at www.internap.com.

Internap and P-NAP are registered trademarks and Flow Control Platform is a trademark of Internap. All other trademarks and brands are the property of their respective owners.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Sep 8, 2004
Words:578
Previous Article:Emerging Creative Media, Inc. and New Screen Broadcasting Announce Rights to Broadcast ``Swept Away TV'' on Orlando Television.
Next Article:ViewSonic Names Greg Avera General Manager of Wireless Network Technologies.



Related Articles
Internap Japan to Provide High-Speed Data Links to NTT Bizlink; Internap's High-Performance IP Services Will Connect Multiple Data Centers.
Internap Closes netVmg Acquisition; Announces Definitive Agreement to Acquire Second Internet Route Control Company, Sockeye Networks.
Internap and Hitachi Software Expand IP Videoconferencing Capabilities in Japan.
Internap Selected by Delaware to Support Statewide Government Internet Usage.
Internap Awarded Contract to Support Fast Search & Transfer.
Internap CEO to Speak At CIBC World Markets' 'Communications & Technology Food Chain Conference'; Presentation Will Cover Internap's Unique Business...
National Gaming Firm Chooses Internap Performance; Cutting-Edge Applications Require Reliable Data Center and Intelligent Route Control Solutions.
Internap Completes Deployment of Asia-Pacific Operations Centers; Internap P-NAP Service Points Go 'Live' in Hong Kong, Singapore and Sydney,...
Internap Japan Selected By Ueda-Harlow for Best-of-Breed IP Connectivity to Optimize Mission-Critical Application Performance.
Solido Design Automation Announces Strategic Business Partnership with Aisys Corporation in Japan.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles