Tokyo exchanges create joint firm for emissions trading bourse
Tokyo Stock Exchange Group (TSE Group) and Tokyo Commodity Exchange (Tocom) announced today that they created a joint-company in order to prepare for the establishment of an emissions trading exchange based on the Memorandum of Understanding signed by both parties on October 29, 2009.
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TSE Group and TOCOM shall continue deliberations based on international and domestic policy trends and discussions regarding climate change.
（１） Name: Emissions Trading Exchange Preparatory Corporation, Inc.
（２） Location: Chuo-ku, Tokyo
（３） Capital: JPY 10 million
（４） Shareholders:
TSE Group - 50 shares (50%)
TOCOM - 50 shares (50%)