Nasdaq and the OSE opened the
Nasdaq Japan market for emerging companies in 2000 but the U.S.
ADTX has grown to become publicly traded on
NASDAQ Japan with over 300 employees worldwide and 2002 sales of almost $100 Million.
COMMENTARY: Sotec was once a rising star on
Nasdaq Japan, its image one of low prices and good quality.
It was listed on the Osaka Securities Exchange's
Nasdaq Japan market for start-ups in September 2001.
Headquartered in Yokohama, Japan, and publicly traded on
NASDAQ Japan, the international company has consistently been top-rated in service in the Japanese market, and is competing in the same market segment as global players such as SONY and NEC.
''Our company will continue negotiations with our partner Nasdaq for stability in the
Nasdaq Japan market,'' Softbank said in a brief statement.
As part of its plan to link Asian, European, and US markets electronically, the Nasdaq also said yesterday that it aims to have an exchange traded fund (ETF) which tracks the Nasdaq 100 index listed on the
Nasdaq Japan market in 2002.
Company goes public by listing on the
Nasdaq Japan section of the Tokyo Stock Exchange.
The Japanese telecommunications company KDDI has won a contract to provide data centre and computer operation facilities for the next-generation, hybrid trading platform of
Nasdaq Japan Inc.
Just this year, five new biotech venture capital funds have been established, as has
Nasdaq Japan.
The advent of
Nasdaq Japan has crystallized some of the issues involved in cross-border financial transactions made via the Internet.
Inc and E*Trade Group, while taking the lead in the planned June launch of
Nasdaq Japan -- a sister version of the US hi-tech exchange.
