Japannext PTS Connectivity

Registration as a Financial Instrument Business Operator under the Financial Instruments and Exchange Act (FIEA) (including authorization to operate a Proprietary Trading System(PTS)), Director of Kanto Local Finance Bureau (Kinsho) No.45 .
Information provided is for reference purposes only and does not constitute financial product advise nor is constituted as an offer to sell or solicitation to buy any security. Theownership and intellectual property rights of this information are solely and exclusively belong to Japannext Co.,Ltd.( “JNX”) . According users are permitted to access and use theInformation for their own personal, non-commercial and internal-use-only. Although JNX has made every effort to ensure the accuracy of the information as at the date of publication,
JNX does not give any warranty as to the accuracy, reliability or completeness of the information. To the extent permitted by law, JNX and its employees, officers and contractors
shall not be liable for any loss or damage arising in any way (including by way of negligence) from or in connection with any information provided or omitted or from anyone acting or
refraining to act in reliance on this information.

1. Connectivity

Overview
 Japannext provide network connectivity for participants to access Japannext PTS markets.

 Telecom WAN circuits and colocation spaces are supported for the connectivity.
• Telecom WAN Circuit
 Enable participants in different data centers to access Japannet PTS.
• Colocation Rack
 Clients can install servers and access Japannext PTS with lower latency.
Data Center
Participant Data Center

Japannext PTS
Markets

Telecom WAN Circuit
TradingJNXEngine

Order Entry
Market DataTrading(Low latency)

Participant SystemColocation© Copyright Japannext Co., Ltd. 2020
This document is strictly confidential. Any distribution of this document is not permitted.

21. ConnectivityPTS Markets
 Participants may use the connectivity to access all Japannext markets.
• Equity PTS (J-Market / X-Market / U-Market / Night Market)• JGB PTS (B-Market)
 Order entry network and market data networks are separate. Participants should have atleast one line to send orders to the PTS. In addition to that, participants should have atleast one line for market data, if receiving the data directly from Japannext *.
• Order Entry (OUCH / FIX / Dropcopy)• Market Data (ITCH TCP / ITCH multicast / ITCH retransmission / Glimpse)* Participants may receive the data from 3rd-party market data providers.
 Production and UAT are separate environments.
Japannext Data Center
Participant Data Center
JNX
RouterLAN

JNX
RouterJNX
RouterUAT

Order Execution
Network

Circuit - Order
Order

J-Market
X-Market
U-MarketNight Market
B-MarketMarket Data
Circuit – Market Data

Market Data
Network

Circuit – UAT© Copyright Japannext Co., Ltd. 2020
This document is strictly confidential. Any distribution of this document is not permitted.

あUATNetworkProduction
Xconnect - Order
Order

Market Data
Xconnect – Market Data

Colocation

Xconnect – UAT

J-Market
X-MarketU-Market
Night Market
B-Market3

2. Telecom Circuits

Telecom Circuits
 Private Telecom Circuit• Two types of circuits are available.
IP-VPN

Shared Services

Point-to-Point

Private Ethernet line. Latency is better.

• Minimum bandwidth : 10Mbps for Order 100Mbps for TCP Market Data
 1Gbps for multicast Market Data
• Clients should choose the bandwidth and managed device model.
• Demarcation
 Japannext install a managed router and a circuit. The router interface is thedemarcation point.
 Participants may use Internet VPN for only UAT.

• Establish IPSec connection between the participant and Japannext devices.
• ITCH multicast is unsupported over Internet VPN.

© Copyright Japannext Co., Ltd. 2020
This document is strictly confidential. Any distribution of this document is not permitted.

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2. Telecom Circuits

Telecom Circuits
 Telecom Diversity•

Japannext provide “NTT or NTT dark fiber” and “Power company fiber (e.g. KDDI)” to makethe fiber routes redundant.

Japannext Data Center
Participant Data Center

JNX
RouterColt
NTT Communications

JNX
RouterPrimary

Secondary

J-Market
X-Market
U-MarketNight Market
B-MarketKDDI© Copyright Japannext Co., Ltd. 2020
This document is strictly confidential. Any distribution of this document is not permitted.

52. Telecom Circuits

Circuit Use Case The default setup is 2 x Order, 2 x Market Data and 1 x UAT.

Data Center

Cisco 891

JNX
LAN
DeviceJNX
DeviceJNX
DeviceJNX
DeviceActive-Active

JNX
DeviceActive-Standby

Client Data Center

Order
Primary

Colt 10Mbps
Order Execution
KDDI 10Mbps

OrderSecondaryColt 100Mbps

MarketData A

Market Data
KDDI 100Mbps

MarketData B

Colt 10Mbps
KDDIIP-VPN

UATNetwork

Order Execution
NetworkJ-Market
X-Market
U-MarketNight Market
B-MarketMarket Data
Network

Cisco2901 or
Catalyst3850

JNX
Device3Mbps

Cisco 891
UATDemarcation© Copyright Japannext Co., Ltd. 2020
This document is strictly confidential. Any distribution of this document is not permitted.

UATNetwork

J-Market
X-Market
U-MarketNight Market
B-Market

63. Colocation

Colocation Rooms
 Two offerings in Toyosu CC1 @Tokyo Data Center• 9th Floor Standard Colocation• 5th Floor Premium Colocation – Lower latency. 40Gbps connectivity is available.
 Types of racks• Rack Height : Full rack and half rack
• Power : 200V and 100V

 Users may install their own equipment in the rack and terminate telecom circuits.
1G or 10G

Patch Panel

Japannext
Install inhouse cable

JNX
Device9F

Order Execution
NetworkStandard
Rack
1G or 10G or 40G

J-Market
X-Market
U-MarketNight Market
B-Market

Demarcation is patch panel
Single mode LC connectors@TokyoIDF

JNX
DeviceUserDevice

5F Premium
RackUser mayinstall telecomcircuits© Copyright Japannext Co., Ltd. 2020
This document is strictly confidential. Any distribution of this document is not permitted.

JNX
NetworkMarket Data
Network

User may install their owndevices73. Colocation

Colocation Use Case The default setup is 2 x Order, 2 x Market Data and 1 x UAT.
 Some external connections through @Tokyo IDF are required to maintain thedevices in the rack.
Telecom Circuit
RemoteSite

Trading Traffic

Data Center

LC Fiber Port
Management Traffic

10G-LR SFP

OrderPrimary

Order Execution
Order
SecondaryMarket DataUAT Order
And Market DataEither Rack user orJapannext install
redundant PDU

MarketData A

Order Entry
Network

J-Market
X-Market
U-MarketNight Market
B-MarketMarket Data
NetworkMarket
Data B

200V PDU

ServerServer200V PDU

SwitchSwitchActive-Standby

Colocation Rack
Patch Panel

Active-Active@Tokyo IDF

UAT

UAT
Network

UAT
Network

J-Market
X-Market
U-MarketNight Market
B-Market

L6-30 connector for
200V 30A power© Copyright Japannext Co., Ltd. 2020
This document is strictly confidential. Any distribution of this document is not permitted.

83. Colocation@Tokyo In-house Cable
 @Tokyo In-house Cable•Using @Tokyo IDF, Japannext provide inter-room fiber connectivity. This includes telco
meet-me-rooms.
Gateway Connection(JNX hook-me-up)

Inter-rack Fiber(@Tokyo IDF)
@TokyoIDF

JNX
JNX
ServerJNX
MachineRoom@Tokyo
Colocation Patch Panel
Rack (A-end)

Destination
Rack (B-end)

UserMachineRoom© Copyright Japannext Co., Ltd. 2020
This document is strictly confidential. Any distribution of this document is not permitted.

@Tokyo Interroom Fiber
(@Tokyo assist)@TokyoPatch Panel@TokyoIDF

93. Colocation

Telecom Circuits
 Installation of Telecom Circuits••

Rack users may install their own circuits in colocaton racks. Japannext apply to @Tokyo
data center for in-house cables on behalf of the rack user.
Japannext can also provide telecom circuits as a package of services to rack users from acolocaton rack to the client’s premises.

Data Center※Circuit hand-off should be fiber
patch panel port (LC connecters) orONU (RJ45) in rack, depending ontype of circuits.

@TokyoIDF
ONU

JNX
MachineRoom

Colocation
Rack (A-end)@Tokyo Interroom Fiber(@Tokyo assist)
by Japannext@TokyoPatch Panel

ClientBuilding※Destination location and port info
should be provided by telecom
companies in advance.

Inter-rack Fiber(@Tokyo IDF) byJapannext

Telecom
Meet-meroom@TokyoIDF/MDF© Copyright Japannext Co., Ltd. 2020
This document is strictly confidential. Any distribution of this document is not permitted.

Telecom
DeviceTelecom
CircuitCircuits by either
rack user orJapannext

104. Workflow

Workflow - Circuit
Circuit Installation Flow – PTS Service Agreement is required.
ClientJNX Network

Client Building

Telecom

Fill out JNX form

Telecom vendor
installs circuit
termination device
as a hand-off.

RackCircuit
Application

User requests inhouse cable in thebuilding

CreateQuote
Quote
Place Order
POMDF

CreateDiagram
Diagram

MDF Info

Coordinate Circuit
Installation

MDF Info

Install Fiberup to MDF

In-house
Cable Installation

1.5 - 3 months

Site Survey

Japannext andtelecom vendor
install circuit to the
MDF in the building

Install ONU

Network
Configuration

Router Installation

JNX connectivity
Test

JNX connectivity
Test© Copyright Japannext Co., Ltd. 2020
This document is strictly confidential. Any distribution of this document is not permitted.

114. Workflow

Workflow - Colocation
Cross-connect Installation Flow – Colocation Agreement is required.
ClientJNX Network@Tokyo

Fill out JNX form

Rack / Xconnect
Application
CreateQuote
Quote
Place Order

DiagramCreateDiagram

Install
Patch Panel

Setup Network

InstallPowerInter-room
Cross-connect

3 weeks

PO

ConfigureNetwork

Setup Server

JNX connectivity
Test

JNX connectivity
Test© Copyright Japannext Co., Ltd. 2020
This document is strictly confidential. Any distribution of this document is not permitted.

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