Japan Takes Step Forward in Massive Overhaul of Its Stock Markets

An electronic ticker displays share prices at the Tokyo Stock Exchange (TSE).
Photographer: Keith Bedford/Bloomberg

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By Shoko Oda, Ayaka Maki, and Shingo Kawamoto

February 21, 2020 at 7:22 AM UTC

Updated on

February 21, 2020 at 8:48 AM UTC

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The biggest overhaul of Japan’s equity market in decades took a step forward after months of discussions between exchange officials and regulators resulted in a target date and listing criteria.