By Stephen Nakrosis

The New York Stock Exchange and the Tokyo Stock Exchange signed a new collaboration agreement on Thursday to support cross-border investment between the U.S. and Japan.

Intercontinental Exchange, Inc., the parent company of the NYSE, said the memorandum was signed during the visit of Japanese Prime Minister Fumio Kishida to the NYSE and was finalized in a ceremony on the exchange's trading floor.

The agreement focuses on developing investment products, marketing activities targeting U.S. and Japanese investors, and on the exchange of information on sustainability, market operations and other topics, according to ICE.

The two exchanges had previously signed an agreement on cooperation in February 2000 and established a strategic alliance in January 2007, ICE said.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

September 22, 2022 17:25 ET (21:25 GMT)

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