Following merger of their cash-equity trading platforms, which was originally announced in January, TSE has added 1,100 new stocks.
This integration follows Japan Exchange Group (JPX) formation on 1 January 2013 and aims to quickly generate synergy from consolidating market functions and integrating trading systems.
TSE said that it will implement required revisions to the listing rules, trading participant rules, trading rules, and other rules and regulations in connection with said integration.
Besides reducing operational expenses, which can be spent on promotion of Japanese equities globally, the merger will enable the new exchange to boost its transactions speeds and compete with the US and European bourses.
The united exchange consists of 3,423 listed companies, which is higher than TSE’s previous 2,300 stocks and has the market capitalization of $4.2trn.
