The Tokyo Stock Exchange became the world’s third-biggest bourse by listed companies today, adding 1,100 stocks from the Osaka Securities Exchange as the two merged their cash-equity trading platforms.
The TSE now has 3,423 companies after firms solely traded in Osaka moved their listings to Tokyo. TSE first-section stocks increased by 38 to 1,760, with the companies added set to join the Topix index that tracks the section in phases starting on Aug. 30.
The 47 percent increase in companies makes the TSE the world’s No. 3 bourse by listings, jumping from seventh before the merger...
More detail from http://www.bloomberg.com/news/2013-07-15/tokyo-exchange-merges-with-osaka-to-form-world-s-no-3.html
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