| The Tokyo Commodity Exchange is considering sharing a new system with the Osaka Exchange, a unit of Japan Exchange Group Inc., it has been learned. The Tokyo exchange hopes the move will help reduce costs as it faces the need to save system expenses and overcome its business difficulties caused by a slump in trading volume, sources said. It is expected to switch to the new system in autumn 2016.
The Tokyo Commodity Exchange plans to make a formal decision at an extraordinary board meeting on Sept. 24 and is currently working out the details...............................................Full Article: Source
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