NYSE Euronext, Tokyo Exchange Plot Network Link-Up

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NYSE Euronext and the Tokyo Stock Exchange (TSE) Group have signed a letter of intent to "explore ways to make it easier for customers of the two exchanges to access the other's markets."

TSE president Atsushi Saito and NYSE Euronext CEO Duncan Niederauer inked the deal in New York earlier this week, but both parties decline to make any further comments.

The announcement is the latest in a string of cross-border exchange consolidations, including those of the TMX Group and London Stock Exchange

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