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Tocom says open to merger as Japan aims to integrate exchanges

Posted on 08 November 2010

From Bloomberg: Tokyo Commodity Exchange Inc., Japan’s largest raw-material bourse, said it was open to merger talks with other exchanges as the government considers creating a one-stop exchange for financial products.
The exchange, known as Tocom, once the second-largest commodities bourse after the New York Mercantile Exchange, ranked 11th last year and was surpassed by China’s Shanghai and Dalian exchanges. The government has started discussions on whether to combine securities, currencies and commodities bourses by 2013 to boost trade and remain competitive……………………………………….Full Article: Source


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