Asian Exchanges Are Seeking To Establish Unicom Mechanism.

After several months of formal opening of Shanghai and Hong Kong, several exchanges in Japan, Singapore and Taiwan are looking for new UniCom mechanisms to increase volume of pactions and counter the Shanghai Hong Kong pass mode.

According to the World Trade Federation data, the Japanese exchange "

The biggest market value of the throne has changed hands, as Shanghai and Hong Kong's launch and Shanghai composite index rebounded sharply by 53%.

The news of Shenzhen and Hong Kong will also further strengthen the position of the China Stock Exchange in the Asia Pacific region.

UBS Securities Japan

Hirofumi Takaku told the Wall Street journal that this trend (exchange and Unicom) has swept the world, and that the Japanese exchange group (JPX) will not be outside. They are trying to establish Unicom mechanism in the Asia Pacific region.

In fact, a month after China launched the Shanghai and Hong Kong Exchanges, the Japanese exchange in Tokyo and Osaka signed an agreement to jointly develop the market with the Singapore Exchange Ltd..

Starting from April this year, the two companies will provide new hosting services to lower the other side.

Transaction cost and time delay.

"The agreement between the Japanese exchange and the Singapore Exchange will lay the foundation for more cooperation between the two sides in the future," CEO Atsushi Saito2 of the Japan exchange group said.

Data show that nearly 60% of the trading volume of the Japanese exchange is derived from the sale of overseas investors. JPX hopes to get more trading volume through the Unicom mechanism.

BNP Paribas Investment Partners Japan CEO Ryohei Shimazaki believes that "Asia exchange Unicom's main advantage is to attract more companies to be listed on the Japanese exchange.

At present, IPO in Japan is basically for domestic companies. "

The Japanese exchange expects to explore cooperation with Singapore on commodity trading in the coming year, and develop the derivatives of the Tokyo index.

The company will also strive to bring the new stock exchange in Burma into operation this fall.

Although the market is generally happy to expand the breadth and depth of the stock market, the exchange operators have been opposed by the government in the process of pursuing mergers.

For example, Singapore Exchange tried to establish Unicom mechanism with Australia ASX, but it did not get permission from Australian regulators.

Some brokerages suspect that in a saturated market, the cost of competing against new competition will not be supported by new investment.