31.01.2007
Cooperation of NYSE and Tokyo exchange
The planned partnership of the New York Stock Exchange (NYSE) with the Tokyo Stock Exchange (TSE) is apparently being close of becoming a reality. According to a newspaper article the cooperation should be officially announced today. The cooperation is said to focus on listing standards for corporations. TSE would also want to introduce traded funds of foreign issuers in Tokyo. It is stil unclear if the cooperation includes a capital participation. NYSE did not comment so far on this newspaper article.
Source: Neue Zürcher Zeitung
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