Tokyo Stock Exchange
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Tokyo Stock Exchange
The second largest stock exchange in the world by market capitalization. The TSE was established in 1878. After World War II, it experienced growth unprecedented in history. By the early 1990s, it accounted for approximately 60% of the world's market capitalization. It has since fallen because of the Asian Financial Crisis, but it remains one of the world's most important exchanges.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Tokyo Stock Exchange (TSE)
The largest of six securities exchanges in Japan. The Tokyo Stock Exchange, established in 1878, trades equities electronically in four sections: the first section for stocks of the largest Japanese companies, the second section for stocks of smaller companies with lower trading volumes, the third section for foreign securities, and the fourth section for growth and emerging stocks. The Tokyo Stock Exchange also trades bonds, options, and futures.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.