The Tokyo Stock Exchange (TSE) and National Stock Exchange of India have signed a Memorandum of Understanding (MOU), agreeing to create a long-term cooperative framework for developing communication between the two exchanges.
They will exchange information on capital flow between the two countries and products listed on each exchange, and it is hoped that this will further growth in the securities markets in India and Japan.
They will aim to exchange personnel and conduct general promotional activities for both markets in an effort to properly respond to the globalisation of securities transactions.