Osaka Securities Exchange[OSE]

Osaka Securities Exchange[OSE]　大阪证券交易所　

The second largest securities exchange in Japan，in terms of amount of business handled.As of 31December 2007，the Osaka Securities Exchange had 477listed companies with a combined market capitalization of$212billion.The Nikkei 225Futures，introduced at the Osaka Securities Exchange in 1988，is now an internationally recognized futures index.In contrast to the Tokyo Stock Exchange，which mainly deals in spot trading，the Osaka Securities Exchange’s strength is in derivative products.The OSE is the leading Derivatives Exchange in Japan and it was the largest futures market in the world in 1990and 1991.According to statistics from 2003，the Osaka Securities Exchange handled 59％of the stock price index futures market in Japan，and almost 100％of trading in the options market.Osaka Securities Exchange Co.，which listed on its Hercules market forps in April 2004，is the only Japanese securities exchange which went public on its own market.