Exchanges and Investing in Online Business Trade Directory

Home >> Business >> Business Investing >> Exchanges and Investing >> Osaka Securities Exchange - Japan Inc.

Osaka Securities Exchange - Japan Inc. in Online Business Directory

The origin of securities exchanges stems from Edo Period, when the exchange for rice & crop was established in Osaka, center of Japanese economy. Each prefecture set up its own warehouses in Osaka for shipping & preservation of their rice (to be taxed by the government), and sold them to merchants. One of the most famous merchants was Yodoya, which was based upon the southern part of Yodoyabashi area. Some other merchants gradually gathered to create one market. This market was called Yodoya-Komeichi, which was the first securities exchange in the nation. Later on, this market was moved to Dojima in 1697, so-called Dojimakomekaisho, which was a physical market to trade in rice-tickets or physical rice. In 1716, Cho-gomai transaction was introduced and recognized by the government in 1730, which is said to be the origin of futures transactions in Japan.

Address: 8-16, Kitahama 1-chome, Chuo-ku,, Osaka 541-0041 JAPAN
Website: http://www.ose.or.jp/