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Osaka Stock Exchange
, renamed from , is the largest derivatives exchange in Japan, in terms of amount of business handled. , the Osaka Securities Exchange had 477 listed companies with a combined market capitalization of $212 billion. The Nikkei 225 Futures, introduced at the Osaka Securities Exchange in 1988, is now an internationally recognized futures index. In contrast to the Tokyo Stock Exchange, which mainly deals in spot trading, the Osaka Securities Exchange's strength is in derivative products. The OSE is the leading Derivatives Exchange in Japan and it was the largest futures market in the world in 1990 and 1991. According to statistics from 2003, the Osaka Securities Exchange handled 59% of the stock price index futures market in Japan, and almost 100% of trading in the options market. Osaka Securities Exchange Co., which listed on its Hercules market for startups in April 2004 is the only Japanese securities exchange which went public on its own market. History The birthplace for fu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chūō-ku, Osaka
is one of 24 wards of Japan, wards of Osaka, Japan. It has an area of 8.88 km2, and a population of 60,085. It houses Osaka's financial district, as well as the Osaka Prefecture offices and principal shopping and tourist areas. Consulates Various consulates are found in Chūō-ku. The Diplomatic missions of South Korea, Consulate-General of South Korea has its own building. Three consulates, Diplomatic missions of Australia, Consulate-General of Australia, the Diplomatic missions of the Netherlands, Consulate-General of the Netherlands, and the Diplomatic missions of the Philippines, Consulate-General of the Philippines, occupy the twenty-ninth, thirty-third, and twenty-fourth floors, respectively, of the Twin21 MID Tower. The Diplomatic missions of Canada, Consulate-General of Canada is on the twelfth floor of the Daisan Shoho Building in Chūō-ku. The Diplomatic missions of France, Consulate-General of France is on the tenth floor of the Crystal Tower. The Diplomati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dōjima Rice Exchange
The Dōjima Rice Exchange (堂島米市場, ''Dōjima kome ichiba'', 堂島米会所, ''Dōjima kome kaisho''), located in Osaka, was the center of Japan's system of rice brokers, which developed independently and privately in the Edo period and would be seen as the forerunners to a modern banking system. It was first established in 1697, officially sanctioned, sponsored and organized by the shogunate in 1773, reorganized in 1868, and dissolved entirely in 1939, being absorbed into the Government Rice Agency (日本米穀株式会社)(cf. :ja:食糧管理制度). The Japanese economy grew rapidly throughout the 17th century, culminating in the period known as Genroku (1688–1704) during which merchants prospered like never before. It was at this time that rice brokers and moneychangers (両替商, ''ryōgaeshō'') gathered their shops and warehouses in the Dōjima area; the Rice Exchange can be said to have been established in 1697, the year it received a license from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Exchange-traded Fund
An exchange-traded fund (ETF) is a type of investment fund that is also an exchange-traded product, i.e., it is traded on stock exchanges. ETFs own financial assets such as stocks, bonds, currencies, debts, futures contracts, and/or commodities such as gold bars. Many ETFs provide some level of diversification compared to owning an individual stock. An ETF divides ownership of itself into shares that are held by shareholders. Depending on the country, the legal structure of an ETF can be a corporation, trust, open-end management investment company, or unit investment trust. Shareholders indirectly own the assets of the fund and are entitled to a share of the profits, such as interest or dividends, and would be entitled to any residual value if the fund undergoes liquidation. They also receive annual reports. An ETF generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value, although deviations can occur. The larges ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Finance Initiative
The private finance initiative (PFI) was a United Kingdom government procurement policy aimed at creating "public–private partnerships" (PPPs) where private firms are contracted to complete and manage public projects. Initially launched in 1992 by Prime Minister John Major, and expanded considerably by the Blair government, PFI is part of the wider programme of privatisation and macroeconomic public policy, and presented as a means for increasing accountability and efficiency for public spending. PFI is controversial in the UK. In 2003, the National Audit Office felt that it provided good value for money overall; according to critics, PFI has been used simply to place a great amount of debt "off-balance-sheet". In 2011, the parliamentary Treasury Select Committee recommended: In October 2018, the Chancellor Philip Hammond announced that the UK government would no longer use PFI for new infrastructure projects; however, PFI projects would continue to operate for some time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Floor Trading
Open outcry is a method of communication between professionals on a stock exchange or futures exchange, typically on a trading floor. It involves shouting and the use of hand signals to transfer information primarily about buy and sell orders. floor trading hand signals The part of the trading floor where this takes place is called a ''pit''. In an open outcry auction, bids and offers must be made out in the open market, giving all participants a chance to compete for the order with the best price. New bids or offers would be made if better than previous pricing for efficient price discovery. Exchanges also value positions marked to these public market prices on a daily basis. In contrast, over-the-counter markets are where bids and offers are negotiated privately between principals. Since the development of the stock exchange in the 17th century in Amsterdam, open outcry was the main method used to communicate among traders. This started changing in the latter half o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Fair Trade Commission
The Japan Fair Trade Commission' ( is the competition regulator in Japan. It is a commission of the Japanese government responsible for regulating economic competition, as well as enforcement of the Antimonopoly Act. Headed by a chairman, the commission is commonly known as or . Notable activities On July 13, 2004, the commission asked Microsoft to remove a clause which it thinks is hurting activities of Japanese companies getting licenses of Microsoft Windows from Microsoft. Microsoft had previously faced another action from the JFTC when Japanese manufacturers were forced to include Microsoft Word on new systems instead of homegrown word processor software Ichitaro. In March 2024, the JFTC accused Nissan of violating the Subcontractor Act by underpaying dozens of suppliers by some 3 billion yen ($20.26 million). In November 2024, the commission reportedly raided Amazon Japan's corporate offices as part of an investigation into potential violations of the Antimonopoly Act. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Stock Exchanges
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but lists are frequently written down on paper, or maintained electronically. Lists are "most frequently a tool", and "one does not ''read'' but only ''uses'' a list: one looks up the relevant information in it, but usually does not need to deal with it as a whole". Lucie Doležalová,The Potential and Limitations of Studying Lists, in Lucie Doležalová, ed., ''The Charm of a List: From the Sumerians to Computerised Data Processing'' (2009). Purpose It has been observed that, with a few exceptions, "the scholarship on lists remains fragmented". David Wallechinsky, a co-author of '' The Book of Lists'', described the attraction of lists as being "because we live in an era of overstimulation, especially in terms of information, and lists help ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coordinated Universal Time
Coordinated Universal Time (UTC) is the primary time standard globally used to regulate clocks and time. It establishes a reference for the current time, forming the basis for civil time and time zones. UTC facilitates international communication, navigation, scientific research, and commerce. UTC has been widely embraced by most countries and is the effective successor to Greenwich Mean Time (GMT) in everyday usage and common applications. In specialised domains such as scientific research, navigation, and timekeeping, other standards such as Universal Time, UT1 and International Atomic Time (TAI) are also used alongside UTC. UTC is based on TAI (International Atomic Time, abbreviated from its French name, ''temps atomique international''), which is a weighted average of hundreds of atomic clocks worldwide. UTC is within about one second of mean solar time at 0° longitude, the currently used prime meridian, and is not adjusted for daylight saving time. The coordination of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Standard Time
, or , is the standard time zone in Japan, 9 hours ahead of UTC (UTC+09:00). Japan does not observe daylight saving time, though its introduction has been debated on several occasions. During World War II, the time zone was often referred to as Tokyo Standard Time. Japan Standard Time is equivalent to Time in South Korea, Korean Standard Time, Time in North Korea, Pyongyang Time (North Korea), Time in Indonesia, Eastern Indonesia Standard Time, Time in East Timor, East-Timorese Standard Time, Time in Palau, Palau Time, and Yakutsk Time (Russia). History Before the Meiji (era), Meiji era (1868–1912), each local region had its own time zone in which noon was when the sun was exactly at its culmination. As modern transportation methods, such as trains, were adopted, this practice became a source of confusion. For example, there is a difference of about 5 degrees longitude between Tokyo and Osaka and because of this, a train that departed from Tokyo would arrive at Osaka 20 minu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Option (finance)
In finance, an option is a contract which conveys to its owner, the ''holder'', the right, but not the obligation, to buy or sell a specific quantity of an underlying asset or instrument at a specified strike price on or before a specified date, depending on the style of the option. Options are typically acquired by purchase, as a form of compensation, or as part of a complex financial transaction. Thus, they are also a form of asset (or contingent liability) and have a valuation that may depend on a complex relationship between underlying asset price, time until expiration, market volatility, the risk-free rate of interest, and the strike price of the option. Options may be traded between private parties in '' over-the-counter'' (OTC) transactions, or they may be exchange-traded in live, public markets in the form of standardized contracts. Definition and application An option is a contract that allows the holder the right to buy or sell an underlying asset or financia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Market Index
In finance, a stock index, or stock market index, is an Index (economics), index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calculate market performance. Two of the primary criteria of an index are that it is ''investable'' and ''transparent'': The methods of its construction are specified. Investors may be able to invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and "track" an index. The difference between an index fund's performance and the index, if any, is called ''tracking error''. Types of indices by coverage Stock market indices may be classified and segmented by the set of underlying stocks included in the index, sometimes referred to as the "coverage". The underlying stocks are typically grouped together based on their underlying economics or underlying investor demand that the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
