Tokyo Stock Exchange Group, Inc. And The Vienna Stock Exchange Sign A Memorandum Of Understanding (MOU)

Tokyo Stock Exchange Group, Inc. (TSE Group) and Wiener Börse AG, the company operating the Vienna Stock Exchange, signed a Memorandum of Understanding (MOU) today.

Under the terms of the MOU, both exchanges agreed to foster a closer relationship and explore the collaboration in the area of financial products such as ETFs, given that both exchanges are providing highly regarded stock indices to global investors.

Both exchanges believe that this agreement will facilitate the development of securities markets in Asia and Europe and will enhance more efficient and active circulation of capital in global markets.

"We look forward to collaborate closely with Wiener Börse AG in the areas which would lead to the benefit of both of our markets and investors globally," said Mr. Atsushi Saito, President and CEO of the TSE Group. "This MOU is expected to provide an excellent opportunity to materialize these intentions into the detailed arrangement between our markets, which would attract risk money globally into our markets," Mr. Saito added.

Mr. Michael Buhl, Joint CEO of the Vienna Stock Exchange, said, "We are pleased to enter into this cooperation agreement with the Tokyo Stock Exchange. The Vienna Stock Exchange feels honored of having found such a renowned partner in Asia and I am convinced that this MOU will be the cornerstone of a very fruitful collaboration."