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  • Osaka Stock Exchange: Comment For The Effect Of The Tender Offer By TSE Group

    Date 23/08/2012

    Prior to a business combination, the tender offer for shares of Osaka Securities Exchange Co., Ltd. commenced by Tokyo Stock Exchange Group, Inc. on July 11, 2012 and completed on August 22, 2012 has been effected. Creation of a combined holding company, "Japan Exchange Group, Inc. (tentative name)", on January 1st next year following a closing of the merger, whereby OSE will be the surviving company, is now in prospect. (It is subject to approvals at Extraordinary Shareholder Meetings of both companies.) Thus, Michio Yoneda, President and CEO of OSE made a comment as follows.

  • Tokyo Stock Exchange Announcement Concerning Results Of The Tender Offer For Shares Of Osaka Securities Exchange Co., Ltd.

    Date 23/08/2012

    Tokyo Stock Exchange, Inc. began a tender offer for shares of Osaka Securities Exchange Co., Ltd. on July 11, 2012. As of yesterday, this tender offer was concluded successfully, with subscriptions in excess of the maximum planned number of shares to purchase.

  • NASDAQ OMX Helsinki Goes Carbon Neutral

    Date 23/08/2012

    NASDAQ OMX Helsinki has calculated and compensated its carbon emission footprint in 2011 for its office in Helsinki.

  • Shanghai Stock Exchange: Enhancing Blue Chips' Value By Speeding Up Reform And Innovation

    Date 23/08/2012

    "SSE Release", the official microblog of the Shanghai Stock Exchange (SSE), held the first "Microblog-based Interview" with the theme of "'Guidance for Dividend Distribution' and Market Integrity Construction" on August 22. "The SSE pursues legalization, marketization, openness, and internationalization by adhering to the principles of independence, neutrality, service, self-regulation, competition, standardization, transparency, and accountability. Currently, the SSE has to fulfill its major duties of organizing the market trading, preventing market risks, tightening frontier supervision, developing innovative products, propelling technological progress, and providing all-round services for market participants, in a bid to build a sound market ", said SSE Vice President Xu Ming.

  • Statement Of SEC Chairman Mary L. Schapiro On Money Market Fund Reform

    Date 23/08/2012

    Securities and Exchange Commission Chairman Mary Schapiro today made the following statement:

    Three Commissioners, constituting a majority of the Commission, have informed me that they will not support a staff proposal to reform the structure of money market funds. The proposed structural reforms were intended to reduce their susceptibility to runs, protect retail investors and lessen the need for future taxpayer bailouts.