· Investment in an Advanced Information Infrastructure for the Securities Market - JSTPC Concept - Yasuyuki Fuchita · Formulation of the Electronic Money Law Gets Underway Motomi Hashimoto · The Movement towards the Creation of a Share Exchange System Intensifies Motomi Hashimoto · The Japanese Securities Companies Engage in Full-scale On-line Trading Services Sadakazu Osaki · City Banks Move to Strengthen Retail Banking Strategies Hiromi Hayashi