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TSE , Osaka Exchange To Merge

Japan’s largest share trading platform operator Tokyo Stock Exchange will be merging with its domestic competitor Osaka Securities Exchange.

    Japan’s largest share trading platform operatorTokyo Stock Exchange(TSE) will be merging with its domestic competitorOsaka Securities Exchange,Financial Timesreports. The merger will create Japan’s largest exchange group, tentatively named theJapan Exchange Group.

    合并将巩固全球证交所的地位,making it the third-largest exchange globally by market capitalization of company listings, behindNYSE EuronextandNasdaq OMX Group. The combined holding company will operate a cash equity market, a derivatives market, a regulatory unit and a clearing company.

    Click here for the release fromFinancial Times.

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