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10.5 Tokyo Stock Exchange


Headquartered in Tokyo.

Market Capitalization (2011, USD Billions) – 3,325;

Trade Value (2011, USD Billions) – 3,972.

The Tokyo Stock Exchange was established on May 15, 1878, as the Tokyo Kabushiki Torihikijo. Trading began on June 1, 1878.

In 1943, the exchange was combined with ten other stock exchanges in major Japanese cities to form a single Japanese Stock Exchange.

The combined exchange was shut down and reorganized shortly after the bombing of Nagasaki.

On 15 June 2007, the TSE paid $303 million to acquire a 4.99% stake in Singapore Exchange Ltd

Today, it is the forth largest stock exchange market in the world by aggregate market capitalization of its listed companies (and largest in East Asia and Asia).

It had 2,292 listed companies with a combined market capitalization of US$4.09 trillion as of April 2015.

2,292 companies are separated into the First Section for large companies, the Second Section for mid-sized companies, and the Mothers section for high growth startup companies.

(Mothers: Market of the high-growth and emerging stocks)

The main indices tracking Tokyo Stock Exchange are the Nikkei 225 index of companies selected by the Nihon Keizai Shimbun, the TOPIX index based on the share prices of First Section companies, and the J30 index of large industrial companies. 94 domestic and 10 foreign securities companies participate in TSE trading.

The London Stock Exchange and the Tokyo Stock Exchange are developing jointly traded products and share technology.


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