Tokyo bourse agrees to help Hanoi exchange
Tuesday, 14 December 2010
TOKYO, Dec 13 (AFP): The Tokyo Stock Exchange (TSE) Monday said it had agreed a deal with the Hanoi Stock Exchange (HNX) to provide the Vietnamese bourse with state-of-the-art technology.
Under the accord, the TSE will help the HNX upgrade its trading system by offering know-how on computer technologies while also training its system engineers.
“We hope to share our experience and knowledge of information technology to support the development of the Hanoi Stock Exchange,” Atsushi Saito, president and CEO of TSE Group, said in a statement.
Tran Van Dzung, CEO of the Hanoi Stock Exchange, said: “To enter into a memorandum of understanding with TSE is our great honour, and we are definitely confident that HNX can learn much from TSE.”
TSE, which has already signed a similar accord with the Ho Chi Minh City Stock Exchange, maintains equities with a market value totalling 3.5 trillion dollars.
Under the accord, the TSE will help the HNX upgrade its trading system by offering know-how on computer technologies while also training its system engineers.
“We hope to share our experience and knowledge of information technology to support the development of the Hanoi Stock Exchange,” Atsushi Saito, president and CEO of TSE Group, said in a statement.
Tran Van Dzung, CEO of the Hanoi Stock Exchange, said: “To enter into a memorandum of understanding with TSE is our great honour, and we are definitely confident that HNX can learn much from TSE.”
TSE, which has already signed a similar accord with the Ho Chi Minh City Stock Exchange, maintains equities with a market value totalling 3.5 trillion dollars.