Speculation that Tokyo International Financial Futures
Exchange (Tiffe) and Tokyo Stock Exchange (TSE) are in merger
discussions has been scotched by both exchanges.
The rumours were sparked last week after Tiffe said it was
establishing a special advisory committee to determine its
future organisational structure.
A Tiffe spokesperson told FO Week that the exchange
"vehemently" denies any merger discussions. "Neither officially
nor unofficially have we proposed a merger plan with TSE."
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