Public Comments

Osaka Securities Exchange Co., Ltd. (OSE) has decided to partially revise the daily price limit for JGB futures and options in conjunction with the integration of the derivatives markets of Tokyo Stock Exchange, Inc. (TSE) into the OSE derivatives market in March 2014 and the application of the dynamic circuit breaker to current TSE derivatives products.

OSE will invite public comments on the matter. If you have any comments, please submit them as follows:

• Partial Revision to the Daily Price Limit for JGB Futures and Options in conjunction with the Derivatives Markets Integration

OSE sought the public comments on “Partial Revision to the Daily Price Limit for JGB Futures and Options in conjunction with the Derivatives Markets Integration” from June 25, 2013 to July 24, 2013. As there is no comment, the draft is implemented as proposed.