Asia - Pacific Exchange

Stock exchanges in Asia developed much later than in Europe or America, with the Bombay Stock Exchange, launched in 1875, being the oldest organized market in the region, followed by the Tokyo Stock Exchange three years later.

However, futures trading took off in Japan, with the Dojima rice futures market, in Osaka, laying claim as the world’s first organized futures exchange, complete with hedging.

While they were off to a late start amid dramatic historic events, Asian stock markets were quick to adopt cutting-edge strategies and experience rapid growth. They espoused technology, demutualized and listed their own shares long before U.S. markets did.