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Published On: Thu, Jan 19th, 2012

In the News-The Tokyo and Osaka stock exchanges

The Tokyo and Osaka stock exchanges have agreed to merge in 2013 to create the world’s third-biggest bourse with listed stocks worth around $3.6 trillion. The combined value of stocks listed on exchanges would trail only NYSE Euronext at $12 trillion and NASDAQ OMX Group Inc at nearly $4 trillion.

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