Institutional Investor (October Issue)
“Atsushi Saito has reinvigorated the Japanese exchange world with a merger and a technology overhaul. Now comes the hard part: winning back market share in Asia.” Following the merger of the Tokyo and Osaka exchanges, the Japan Exchange Group ranks third behind only the NYSE Euronext and Nasdaq OMX. “JPX now controls more than 90 percent of all equity-and derivatives-trading volume in Japan.” Yet, “despite its lead in listed companies, JPX trails in foreign listings. It’s also weak in terms of options, futures contracts and exchange-traded funds (ETFs), compared with the big U.S. exchanges”
Tags: Asia, Atsushi Saito, Derivatives, Equities, ETFs, Futures, IT, Japan, JPX, Market share, Merger, Nasdaq OMX, NYSE Euronext, Options, Osaka, Tokyo, Trading volume, U.S.
