JASDAQ Securities Exchange:
The JASDAQ Securities Exchange (ジャスダック証券取引所, Jasudakku Shōken Torihikisho?) is a securities exchange headquartered in Tokyo, Japan.
JASDAQ is not related to NASDAQ in the United States, but operates an electronic trading system similar to NASDAQ.
[edit] History
In 1963, the Japan Securities Dealers Association (日本証券業協会, Nippon Shōkengyō Kyōkai?) set up an over-the-counter registration system for trading securities. This system was placed under the management of a private company, Japan OTC Securities (日本店頭証券, Nippon Tentō Shōken?) in 1976.
The JASDAQ automated quotation system became operational in 1991.
In 2004, JASDAQ received a permit from the Prime Minister to reorganize as a securities exchange. It became the first new securities exchange in Japan in almost fifty years.
The exchange has pre-market sessions from 08:00am to 09:00am and normal trading sessions from 09:00am to 03:00pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.[1]
[edit] See also
[edit] References
[edit] External links
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