Tokyo Stock Exchange Group, Inc. Joined The International Swaps And Derivatives Association, Inc.

Tokyo Stock Exchange Group, Inc., as of April 1st, joined the International Swaps and Derivatives Association, Inc. (ISDA). ISDA is the global trade association representing participants in the OTC derivatives industry. ISDA was established in 1985 and today, member institutions number over 800. Since its inception, ISDA has pioneered efforts to identify and reduce the sources of risk in the derivatives and risk management business.

Tokyo Stock Exchange, Inc., in cooperation with Japan Securities Clearing Corporation and Japan Securities Depository Center, Inc., has set up the "Study Group on Post-Trade Processing of OTC Derivatives Trades." Under the study group, members have engaged in discussions on issues such as operations, risk-management and relevant matters related to the OTC derivatives trading in Japan. On March 27th, 2009, the study group formulated and released the final report.

In conjunction with these efforts, Tokyo Stock Exchange Group, Inc. will make an attempt to further development of the derivatives market in Japan.

Release of the Report from the Study Group on Post-Trade Processing of OTC Derivatives Trades in Japan(TSE News 2009/3/30)