TSE News

Tokyo Stock Exchange and NYSE Euronext Sign Master Agreement Regarding Mutual Network Connection

Update : Dec. 07, 2011

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[Tokyo Stock Exchange, Inc.]

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December 6th, 2011 - Tokyo Stock Exchange, Inc. (Location: Chuo-ku, Tokyo, President & CEO: Atsushi Saito; hereinafter, "TSE") and NYSE Euronext (Location: New York, NY, CEO: Duncan Niederauer) have signed a "Master Agreement" regarding a mutual connection between TSE's arrownet™ and NYSE Euronext's Secure Financial Transaction Infrastructure (SFTI®). The Master Agreement comes as a result of the collaboration initiated by an LOI signed by both parties on March 1st,2011 (US time). The connection between the two networks has been installed as of the signing of this agreement.

TSE and NYSE are set to launch new services in anticipation of new arrownet in the coming spring, including access to both exchange operators' markets using the existing network environments for trading participants, investors, service providers and other users of both networks. Additionally, NYSE Technologies, the technology unit of NYSE Euronext, will commence distributing TSE market data using this connection in December, 2011.

Mr. Saito, President & CEO of TSE, commented "I am delighted to conclude this Master Agreement regarding a mutual network connection with NYSE Euronext. arrownet™ is a highly reliable information and telecommunications network to which the majority of stock market participants in Japan connect. We look forward to utilizing the SFTI network, which stands as a global network for a multitude of attractive markets and their participants, improving convenience and access to trading opportunities for users, while invigorating both markets. Moving forward, we will continue expanding the range of services which utilize this mutual connection with SFTI® and secure TSE's place as the hub exchange for Asia."

Mr. Niederauer, CEO of NYSE Euronext said, "We are very pleased to successfully implement this important link between the TSE and our global SFTI network. As we launch our Tokyo Liquidity Center and continue the expansion of our network in Asia, this linkage reaffirms the strength and value of our relationship and further extends the unique value both organizations can offer the global trading community. We believe this presents a particularly compelling solution for investors accessing our diverse, multi-asset markets."

About Tokyo Stock Exchange

Tokyo Stock Exchange, Inc. (TSE) is one of the leading global exchanges and the largest securities market in the Asia-Pacific region. TSE is best known for its equities market, valued at US$3.81 trillion (JPY 292 trillion) as of the end of July 2011. It also boasts the largest market for Japanese securities derivatives such as Japanese Government Bond (JGB) and TOPIX (Tokyo Stock Price Index) futures. For more information, please visit:

About NYSE Euronext

NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index and Fortune 500. For more information, please visit:

About NYSE Technologies

A division of NYSE Euronext (NYX), NYSE Technologies provides broadly accessible, comprehensive connectivity and transaction capabilities, data and infrastructure services, and managed solutions for a range of customers requiring next-generation performance and expertise for mission critical and value-added trading services. NYSE Technologies offers a diverse array of products, services and solutions to: the Buy Side, including order routing, liquidity discovery and access to a community of over 630 Broker-Dealers and execution destinations globally; the Sell Side, including high performance, end-to-end messaging software and innovative market data products delivered on the world's largest, most reliable financial transaction network; and Market Venues and Exchanges, including multi-asset exchange platform services, managed services and expert consultancy. With offices across the U.S., Europe, and Asia, NYSE Technologies offers advanced integrated solutions for the global capital markets community, earning the ability to power trading operations for many of the world's best financial institutions and exchanges. With the acquisition of Tokyo-based Metabit and its community of more than 140 trading firms, NYSE Technologies continues to increase connectivity and enhance its services in Asia. For additional information visit:

DISCLAIMER:

This translation may be used only for reference purposes. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. This translation is subject to change without notice. Tokyo Stock Exchange, Inc., Tokyo Stock Exchange Group, Inc., and/or Tokyo Stock Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.

Contact

Tokyo Stock Exchange Group, Inc.
Corporate Strategy Department
Tel: +81-3-3666-1361

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