It is great to see that responsibilities are taken and acted upon.
Onésimo Alvarez-Moro
See article:
for a botched ¥40bn ($345m) trade that shocked the Japanese markets and tainted the reputation of Asia’s largest exchange.
Takuo Tsurushima, along with two other directors, were stepping down and Chairman Taizo Nishimuro would also serve as president for the time being, the TSE announced after a regular board meeting on Tuesday.
Mr Tsurushima, 67, has been at the helm of the world’s second-largest bourse since April last year. His resignation has been widely expected after the botched trade highlighted serious shortcomings in the exchange’s trading systems.
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