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Tokyo Stock Exchange and Osaka Securities Exchange get approval for merger

By  |  July 4, 2012

The Japan Fair Trade Commision will not stand in the way of a merger planned between the Tokyo Stock Exchange (TSE) and the Osaka Securities Exchange (OSE). TSE is the third-largest stock exchange in the world, and specializes in spot trading. OSE is Japan’s second-largest securities exchange, in terms of amount of business handled, and specializes in derivatives trading. The merger is to take effect on January 1, 2013.

Full content: Reuters

 

Related content: Competition and Vertical Integration in Financial Exchanges

 

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