Nasdaq Japan Seeks Alternatives To Osaka Exchange
EXCHANGE TECHNOLOGIES
TOKYO--Nasdaq Japan (NJ) is having problems with its Japanese operator and regulator, the Osaka Stock Exchange (OSE), whose traders are reluctant to use Nasdaq Japan’s new electronic trading system.
Before Nasdaq launched in Japan in June 2000, it signed a business cooperation agreement with the OSE. Regulatory approval for the NJ Dealer market was anticipated by the end of March 2001, but little has been accomplished thus far. According to a statement from Nasdaq Japan: "Despite market support
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