Today (December 11, 2012), the Financial Services Agency (FSA) authorized Osaka Securities Exchange Co., Ltd. (OSE) to merge with Tokyo Stock Exchange Group, Inc. (TSEG) and be the surviving company on January 1, 2013, under the provisions of Article 135-1 of the Financial Instruments and Exchange Act (FIEA) (OSE is going to change its trade name to “Japan Exchange Group, Inc.”(JPXG)).
Profile of Japan Exchange Group
Trade name: Japan Exchange Group, Inc.
Address of the head office: 2-1 Nihonbashi-Kabuto-cho, Chuo-ku, Tokyo
Representative: Atsushi Saito
(Representative Executive Officer and Director, Group CEO)
Michio Yoneda
(Representative Executive Officer and Director, Group COO)
Capital: ¥11,500,000,000
Today, FSA licensed New-OSE to establish a Financial Instruments Market and approved of its conducting the Financial Instruments Obligation Assumption Service, under the provisions of Article 80-1 and Article 156-19 of the FIEA respectively.
Profile of New-OSE
Trade name: New Osaka Securities Exchange Preparatory Corporation
(Changing its trade name to “Osaka Securities Exchange Co., Ltd. ” on January 1, 2013)
Address of the head office: 1-8-16 Kitahama, Chuo-ku, Osaka-shi, Osaka
Representative: Motoharu Fujikura
(President and Representative Director)
Capital: ¥4,723,260,000
Today, FSA approved of the listing of JPXG’s stock on the First Section of TSE Stock Market, under the provisions of Article 124-1 of the FIEA. (the listing date is January 4, 2013)
