24 February 2018
visit www.ebaday.com

Tokyo Stock Exchange and Abu Dhabi Securities Market sign MoU

17 January 2008  |  1772 views  |  0 Source: Tokyo Stock Exchange Group, Abu Dhabi Securities Market

Tokyo Stock Exchange Group, Inc. (TSE Group) signed a Memorandum of Understanding (MOU) with the Abu Dhabi Securities Market (ADSM) today.

Under the terms of the MOU, both exchanges agreed to foster a closer relationship exploring possibilities for collaboration on cross-border investment in such areas as the development and listing of financial products, and to contribute to the growth of securities markets in both the United Arab Emirates and Japan. This is the first MOU that the TSE Group has signed with a Middle Eastern market.

"We are very happy to have a new friend from the Middle East," said Mr. Atsushi Saito, the President and CEO of the TSE Group. "We look forward to creating potential opportunities of mutual cooperation between our two exchanges, and hopefully the MOU will further advance the development of both markets."

Mr. Rashed Abdulkareem Al Baloushi, Deputy Director General of ADSM said, "this MOU will encourage, facilitate, and open channels for the companies and investors from both countries in looking at investment opportunities eliminating by this any obstacles that could exist and will create more diverse investment opportunities, allowing investors to spread their risks, contributing to long-term market stability and ultimately furthering economic growth."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit https://www.capgemini.comvisit www.nextgenbanking.co.ukRegister for the webinar

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
11678 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10291 views 3 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8454 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
7989 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7702 views comments | 10 tweets | 14 linkedin

Featured job

Find your next job