Tokyo Stock Exchange and Jakarta Stock Exchange have signed a memorandum of understanding. Both exchanges believe cooperation will foster growth ion the securities markets in both Japan and Indonesia, and contribute to the further development of the capital markets of Asia.
Under the agreement, the two exchanges will consult and cooperate on issues of mutual interest. The exchanges have also agreed to exchange information deemed beneficial to maintain the efficiency and integrity of the markets.
“Taking this opportunity, both Exchanges will enhance the relationship, and I will make every effort for the further development of both markets,” says Takuo Tsurushima, President & CEO of Tokyo Stock Exchange.
Erry Firmansyah, President Director of Jakarta Stock Exchange, Inc. adds that “during the year, our relationship with exchanges moves to a more effort-focused basis, with a high priority on providing a wider range of services. We will make a lot of efforts for more developments of both markets.”