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Commodities Briefing - Categorized | Commodities Exchanges, M&A more

Tokyo Grain Exchange rejects merger push, plans new products

Posted on 26 February 2009

From Bloomberg: The Tokyo Grain Exchange, which forecasts a net loss this year, is rejecting proposals to merge with other bourses and will boost product offerings to revive profit, Chairman Yoshiaki Watanabe said.

“We can share trading systems, but we won’t combine our organizations,” Watanabe said in an interview, referring to suggestions that the TGE merge with the Tokyo Commodity Exchange, known as Tocom….. Full Article: Source


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