Jasdaq Securities Exchange
|Jasdaq Securities Exchange|
|Founded||June 1, 1976|
|Key People||President and Chief Executive Officer, Takashi Tsutsui|
The Jasdaq Securities Exchange is a stock exchange located in Tokyo, Japan. At the current time, the Japan Securities Dealers Association owns 72.6 percent of the exchange's stock.The exchange had been expected to merge with the Osaka Securities Exchange's Hercules market, but the Jasdaq board of directors voted down the integration of trading systems with the Osaka exchange.Jasdaq executives said the exchange would place an order with Hitachi Ltd. to resume the development of its own trading system to replace the one it's currently using.
In July of 2008, the value of transactions on the Jasdaq Securities Exchange dropped to a level not seen since March 2003.The exchange said in September of 2008 that it would consolidate its Tokyo offices and cut other costs in a bid to turn a profit in fiscal 2009.
In August of 2008, the exchange announced that it would place limits on convertible securities to curb the large stock price dilutions that occur when investors exercise equity warrants and other convertible instruments.
Products and Services
- President and Chief Executive Officer, Takashi Tsutsui
- Chief Regulatory Officer, Shigeharu Kobayashi
- Senior Executive Officer and General Manager,Stakeholders Unit Nobuhiro Tokuhara
- Senior Executive Officer and CIO General Manager, Market Unit Hiroshi Funato
- Message From President. JASDAQ.
- Jasdaq Votes Down Integration Of Systems With Osaka Bourse. breitbart.
- Jasdaq Nixes Systems Tieup With Osaka Bourse. The Japan Times.
- Jasdaq's Turnover Falls To 5-Year Low In July. NIKKEI.
- With Eye On Merger, Jasdaq To Slash Costs In Profit Push. NIKKEI.
- Jasdaq To Place Limits On Convertible Securities To Calm Market. NIKKEI.