Singapore Exchange (SGX) and Osaka Securities Exchange (OSE)
are about to clash over their Nikkei 225 futures and options
contracts while Tokyo Stock Exchange (TSE) is watching
developments for possible impact on its own Topix index
SGX's Nikkei 225 futures contract will be traded
electronically from 1 November alongside its existing pit
traded contract, with both contracts made fungible. It will be
the exchange's first major test of its new OM-based electronic
trading system and it is keen to demonstrate its electronic
credentials after seeing Globex encroach on its Eurodollar
business over the past half year.
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