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Article: Tokyo Stock Exchange and London Stock Exchange to Establish A New Growth Market
- Article from:
- abnnewswire.net
- Article date:
- October 31, 2007
- Author:
CopyrightCopyright 2008 ABN Newswire. (Hide copyright information)
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London Stock Exchange Group plc and Tokyo Stock Exchange Group, Inc. today announced their intention to establish a new market for emerging companies. The market will be operated as a joint venture on an equal basis, and will build on the London Stock Exchange's success in creating and developing a market structure designed for smaller companies through AIM, and the Tokyo Stock Exchange's local expertise and infrastructure.
The market will be a new risk capital market for companies and investors from Japan and elsewhere in Asia. It will create new investment opportunities for sophisticated investors, and provide a new funding option for smaller companies which are not yet sufficiently ...