Since the signing of the MOU on mutual cooperation in February, 2008, TOCOM and OSE have discussed on possible various areas of collaboration, such as on trading systems and joint product development.
Based on the MoU, TOCOM and OSE will continue to pursue cooperative opportunities in order to improve market convenience and competitiveness.
OSE president and CEO Michio Yoneda said the cooperation relationship of both exchanges has made great progress by this agreement.
"We hope to continue to further enhance the cooperative relationship in various areas, and contribute to the overall growth of the Japanese market," Yoneda said.
TOCOM president and CEO Tadashi Ezaki said he is pleased that the two exchanges have made an arrangement for the use of OSE’s emergency backup facility, which could benefit both the exchanges mutually.
