Osaka looks for international tie-up; Newedge joins Nodal Exchange; DGCX goes 24hour; HKEx revises margins; FSA approves Xtrakter; TFX amends overnight interest rate futures.
OSE raises earnings forecast, looks for
Japans largest derivatives market, the Osaka
Securities Exchange, has reported a profit of ¥1.8bn ($20m)
for its third fiscal year quarter, 26% down on year on year.
Total revenues for the three quarters ending December 31
reached ¥17.6, up 20% year on year.
Overall, the bourse raised its forecast for total revenues
to ¥22.5bn, and upgraded its group net profit projection
for the fiscal year to ¥5.8bn, up from ¥5bn.
Separately, the FT reports that the group is
considering an international alliance to increase its
competitiveness, and is willing to consider a capital
In September 2008, the bourse signed a memorandum of
understanding with the Chicago Mercantile Exchange, agreeing to
create additional trading opportunities and
increase access to more markets for the customers of both
organizations, as CME group chairman Terry Duffy said in
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.