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Article: Osaka Securities Exchange and International Securities Exchange Sign Memorandum of Agreement, to Launch New Options Platform.
- Article from:
- Business Wire
- Article date:
- February 24, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OSAKA & NEW YORK -- The Osaka Securities Exchange Co., Ltd. (OSE) and International Securities Exchange Holdings, Inc. (ISE) today announced that they have signed a Memorandum of Agreement (MOA), in which the two exchanges agreed to build a cooperative relationship as the first step towards the formation of a joint venture and the launch of a new, jointly owned trading platform that promises to revitalize the Japanese equity options market.
"We are extremely excited about our partnership with ISE, the innovative market leader in the U.S. equity options market," said Michio Yoneda, President and CEO of OSE. "We believe there is a tremendous opportunity to create a ...