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Tokyo Stock Exchange & Taiwan Stock Exchange Sign Memorandum Of Understanding (Mou) For General Cooperation

Date 29/11/2000

Tokyo Stock Exchange and Taiwan Stock Exchange today signed a Memorandum of Understanding (MOU) outlining general cooperation.

Cooperation between the two Exchanges will contribute to the development and orderly, efficient operation of both markets, as well as to investor protection.

The Exchanges agree to:

  • exchange information relevant to market development, supervision and harmonization of the two markets; and
  • to cooperate in good faith on matters of concern to both Exchanges in the interests of maintaining sound, safe markets, and for the further strengthening of market function.
Mr Masaaki Tsuchida, President & CEO of Tokyo Stock Exchange, comments ‘This MOU is an opportunity to further strengthen the already good relations between our Exchanges, and to work for the development of both markets.’

Mr Thomas K. H. Wu, President of Taiwan Stock Exchange remarks, ‘In this era of globalization and fast-paced technology advancements, the establishment of a formal scheme by entering into a pact to facilitate broad-scoped cooperation and information-exchange will greatly contribute to the further development and vitality of both of our markets’