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 expects the network will be in operation in June. It is also discussing the possibility of forming a joint venture company with a single website which will aim for an IPO on the Nasdaq board....

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222