WORLD / Asia-Pacific
Tokyo, NYSE complete alliance talks
(AP)
Updated: 2007-01-31 11:20
TOKYO - Negotiations for an alliance between the Tokyo and New York stock
exchanges have been completed, Japan's main bourse said Wednesday.
Traders work the floor of the New York Stock Exchange in 2006. [AFP]
An announcement of the results of the talks will be made Thursday morning
in New York, Tokyo Stock Exchange spokesman Toru Onoda said.
Nishimuro and NYSE Group Inc.'s chief executive, John Thain, have met
several times during the past week about forging greater cooperation
between the two exchanges.
Nishimuro first brought up the idea of an alliance last year, when the
NYSE announced it would acquire Paris-based stock exchange operator
Euronext NV.
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