Wall Street East Should Be on Less Shaky Ground: William Pesek

There’s something bizarre about the planned combination of stock exchanges in Tokyo and Osaka.

In Frankfurt, London, New York, Singapore and Sydney the talk is of international linkages. And Japan is merging with, well, itself. Nice idea, creating a Wall Street East. It’s just a decade or two too late. Yet there’s a way to give this marriage some larger relevance: Put it in Osaka, not Tokyo.