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Presidents of operators of Tokyo, Osaka bourses

OSAKA, Japan - Atsushi Saito (L), president of Tokyo Stock Exchange Group Inc., and Michio Yoneda, president of Osaka Securities Exchange Co., are pictured prior to the start of a meeting to discuss the details of the two entities' planned merger, at the Osaka bourse on Dec. 29, 2011. The two companies announced in November that they will merge in January 2013.

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Merger of Tokyo, Osaka stock exchanges

OSAKA, Japan - Michio Yoneda, president of Osaka Securities Exchange Co., holds a press conference in Osaka on Nov. 20, 2012. Shareholders of Tokyo Stock Exchange Group Inc. and Osaka Securities Exchange Co. approved the same day the bourses' merger on Jan. 1 and the founding of Japan Exchange Group Inc., a holding company for the two exchanges.

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Tokyo, Osaka bourses to integrate cash markets by July 2013

OSAKA, Japan - Osaka Securities Exchange Co. President Michio Yoneda attends a press conference in Osaka on Oct. 29, 2012. Tokyo Stock Exchange Group Inc. and Osaka Securities Exchange Co. said the same day they will integrate their cash equity markets into the TSE by July 2013 after their merger on Jan. 1, 2013.

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Start of OSE DJIA Futures trading

OSAKA, Japan - Michio Yoneda, president of Osaka Securities Exchange, gives a speech at a ceremony at the bourse in Osaka on May 28, 2012, to mark the start of trading the same day of OSE DJIA Futures, which are futures contracts based on the Dow Jones Industrial Average, a major stock index managed by the CME Group.

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Presidents of operators of Tokyo, Osaka bourses

TOKYO, Japan - Combined photo shows Atsushi Saito (left frame), president of Tokyo Stock Exchange Group Inc., and Michio Yoneda, president of Osaka Securities Exchange Co., at a press conference in Tokyo on Nov. 22, 2011. The two companies announced the same day they have agreed to merge amid consolidation moves among international rivals, becoming the world's second-largest bourse.

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Osaka bourse inaugurates J-Gate derivatives trading system

OSAKA, Japan - Osaka Securities Exchange President Michio Yoneda (L) receives a gift from Lars Ottersgard, senior vice president of Nasdaq OMX Market Technology, in Osaka on Feb. 14, 2011. A new financial derivatives trading system, named J-Gate, went into operation that day at the OSE, handling buy and sell orders about 20 times faster than previously. The new system was developed by Nasdaq OMX Group Inc.

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OSE marks 20th anniversary of Nikkei-225 Futures trading

OSAKA, Japan - Michio Yoneda (L), president of the Osaka Securities Exchange, and Chicago Mercantile Exchange Chairman Emeritus Leo Melamed (C) attend a ceremony at the Osaka bourse on Sept. 3 to mark the 20th anniversary of the start of trading in Nikkei-225 Futures, Japan's best-known derivatives product.

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OSE set for active listing of new products

OSAKA, Japan - Osaka Securities Exchange President Michio Yoneda speaks in an interview with Kyodo News in Osaka on Jan. 11. He said OSE will ''actively'' list new financial products, such as an investment trust linked to gold prices, in a bid to win increasing international competition with other exchanges.

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Murakami Fund to seek OSE chief's resignation

TOKYO, Japan - Investment fund operator Yoshiaki Murakami speaks at an investor seminar held by the Osaka Securities Exchange in Tokyo on June 8. Murakami said that OSE President Michio Yoneda was ''unqualified'' for the job and his fund, the OSE's biggest shareholder, will call for his resignation.

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U.S. biotech firm MediciNova debuts on OSE's start-up market

OSAKA, Japan - Takashi Kiyoizumi (R), president of U.S. biotechnology venture MediciNova, smiles as he received a memorial relief from Osaka Securities Exchange President Michio Yoneda on Feb. 8. MediciNova debuted on the exchange's Hercules market on the day, becoming the first foreign company listed on the bourse for start-ups. This is the first time the company, whose stock is not listed on an exchange in the United States, has listed its shares on a stock exchange.

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OSE's Yoneda tapped to become new president

OSAKA, Japan - The Osaka Securities Exchange (OSE) is expected to appoint Senior Managing Drector Michio Yoneda (in file photo) as president to succeed Goro Tatsumi who passed away on Dec. 23, OSE sources said Dec. 25. The OSE's board of directors is likely to endorse the appointment by the end of the year.

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Murakami Fund to seek OSE chief's resignation

TOKYO, Japan - Investment fund operator Yoshiaki Murakami speaks at an investor seminar held by the Osaka Securities Exchange in Tokyo on June 8. Murakami said that OSE President Michio Yoneda was ''unqualified'' for the job and his fund, the OSE's biggest shareholder, will call for his resignation. (Kyodo)

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OSE set for active listing of new products

OSAKA, Japan - Osaka Securities Exchange President Michio Yoneda speaks in an interview with Kyodo News in Osaka on Jan. 11. He said OSE will ''actively'' list new financial products, such as an investment trust linked to gold prices, in a bid to win increasing international competition with other exchanges. (Kyodo)

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OSE marks 20th anniversary of Nikkei-225 Futures trading

OSAKA, Japan - Michio Yoneda (L), president of the Osaka Securities Exchange, and Chicago Mercantile Exchange Chairman Emeritus Leo Melamed (C) attend a ceremony at the Osaka bourse on Sept. 3 to mark the 20th anniversary of the start of trading in Nikkei-225 Futures, Japan's best-known derivatives product. (Kyodo)

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U.S. biotech firm MediciNova debuts on OSE's start-up market

OSAKA, Japan - Takashi Kiyoizumi (R), president of U.S. biotechnology venture MediciNova, smiles as he received a memorial relief from Osaka Securities Exchange President Michio Yoneda on Feb. 8. MediciNova debuted on the exchange's Hercules market on the day, becoming the first foreign company listed on the bourse for start-ups. This is the first time the company, whose stock is not listed on an exchange in the United States, has listed its shares on a stock exchange. (Kyodo)

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Start of OSE DJIA Futures trading

OSAKA, Japan - Michio Yoneda, president of Osaka Securities Exchange, gives a speech at a ceremony at the bourse in Osaka on May 28, 2012, to mark the start of trading the same day of OSE DJIA Futures, which are futures contracts based on the Dow Jones Industrial Average, a major stock index managed by the CME Group. (Kyodo)

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Osaka bourse inaugurates J-Gate derivatives trading system

OSAKA, Japan - Osaka Securities Exchange President Michio Yoneda (L) receives a gift from Lars Ottersgard, senior vice president of Nasdaq OMX Market Technology, in Osaka on Feb. 14, 2011. A new financial derivatives trading system, named J-Gate, went into operation that day at the OSE, handling buy and sell orders about 20 times faster than previously. The new system was developed by Nasdaq OMX Group Inc. (Kyodo)

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Presidents of operators of Tokyo, Osaka bourses

OSAKA, Japan - Atsushi Saito (L), president of Tokyo Stock Exchange Group Inc., and Michio Yoneda, president of Osaka Securities Exchange Co., are pictured prior to the start of a meeting to discuss the details of the two entities' planned merger, at the Osaka bourse on Dec. 29, 2011. The two companies announced in November that they will merge in January 2013. (Kyodo)

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Presidents of operators of Tokyo, Osaka bourses

TOKYO, Japan - Combined photo shows Atsushi Saito (left frame), president of Tokyo Stock Exchange Group Inc., and Michio Yoneda, president of Osaka Securities Exchange Co., at a press conference in Tokyo on Nov. 22, 2011. The two companies announced the same day they have agreed to merge amid consolidation moves among international rivals, becoming the world's second-largest bourse. (Kyodo)

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OSE's Yoneda tapped to become new president

OSAKA, Japan - The Osaka Securities Exchange (OSE) is expected to appoint Senior Managing Drector Michio Yoneda (in file photo) as president to succeed Goro Tatsumi who passed away on Dec. 23, OSE sources said Dec. 25. The OSE's board of directors is likely to endorse the appointment by the end of the year. (Kyodo)