| A top Japanese politician is pushing for an overhaul of regulation governing exchanges, potentially opening the door to a long-awaited consolidation of the country’s fragmented trading landscape.
Masahiko Shibayama, the firebrand head of the ruling Liberal Democratic Party’s finance division, wants to change laws so that Japan Exchange Group (JPX) – formed from the January 2013 merger of the Tokyo and Osaka securities exchanges – can offer commodity futures without seeking permission from the powerful Ministry of Economy, Industry and Trade (Meti)...............................................Full Article: Source
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