It was announced yesterday that from January 2005, the Tokyo Stock Exchange TSE will become the first Asian stock exchange to disseminate corporate action information through SWIFTNet. The move comes as the exchange seeks to get more international investors and issuers participating in its exchange.
SWIFT is worldwide and so this means we can get more information to more global users, said Tomoyoshi Uranishi, executive officer of the TSE at Sibos yesterday.
Corporate action data is one of the key differentiating factors between exchanges around the world. As more companies seek dual listings, and in particular more Chinese companies seek to list overseas, the ability of...
