Japan Exchange Group, Inc. (JPX) was established via the business combination between Tokyo Stock Exchange Group and Osaka Securities Exchange on January 1, 2013.
JPX operates financial instruments exchange markets to provide market users with reliable venues for trading listed securities and derivatives instruments. In addition to providing market infrastructure and market data, JPX also provides clearing and settlement services through a central counterparty and conducts trading oversight to maintain the integrity of the markets. In the course of working together as an exchange group to offer a comprehensive range of services, we continue to make every effort to ensure reliable markets and create greater convenience for all market users.
Trade/corporate names were changed
(note)
･Osaka Securities Exchange was renamed Osaka Exchange on March 24, 2014.
･Tokyo Stock Exchange Regulation was renamed Japan Exchange Regulation on April 1, 2014.
Tokyo Stock Exchange, Inc., Osaka Exchange, Inc., Japan Exchange Regulation, and Japan Securities Clearing Corporation are JPX subsidiaries. Japan Securities Depository Center, Inc. is a JPX affiliate.
For more information about JPX and JPX subsidiaries
JPX provides a fair, secure, and reliable market infrastructure, and in return receives fees from securities firms, issuers, information vendors, and other market users.
Our main revenue streams are trading services revenue, clearing services revenue, listing services revenue, and information services revenue. In terms of cost and revenue factors, market expansion and growth boost income while expenses remain relatively stable and unaffected by changes in market condition.
Japan Exchange Group, Inc. is primarily engaged in the opening and operation of financial instruments exchange markets opened by Tokyo Securities Exchange Co., Ltd. and Osaka Securities Exchange Co., Ltd.
It operates in both spot market and derivatives market. In spot market, it provides a variety of one-stop products, including Japanese stock index, foreign equity index, precious metals, commodities such as agricultural crops, products that link to REIT index performance, products linked to the performance of a leveraged index or inversed index, among others.
In derivatives market, it provides index futures trading, index options trading, government bond futures trading, government bond futures options trading, securities options trading and foreign exchange margin trading.
It also provides various market information, such as public information, and corporate action information. As of March 31, 2014, the Company had five consolidated subsidiaries and three associated companies.
