Securities firms cooperate on transaction network

ItÆs a B2C system with a B2B spin itching for an IPO on Nasdaq.

Depending on the markets, we'll decide whether to dotcom it or just put Ltd behind the name, says Tetsuo Yamashita, group managing director of Japan Asia Securities JA.

The name is Asia Stock E-xchange Network Ltd, where the Ltd is used tentatively. This web-based cross-border trading network, the brainchild of JA, allows investors to trade on the exchanges in Japan, Taiwan, Hong Kong and Korea with the five participating firms using one account.

The alliance...

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