Difference between revisions of "Japan Exchange Group Inc."

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(Products and Services)
(Products and Services)
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== Products and Services ==
 
== Products and Services ==
On January 10, 2013, JPX and [[National Stock Exchange]] in India prepared to launch S&P CNX Nifty Index futures, a stock price index of India, on Osaka Securities Exchange. Both exchanges would make preparation to list yen-dominated S&P CNX Niffy Index futures by March of 2014. <ref>{{cite web|url=http://www.jpx.co.jp/en/news-releases/130111_b.html|name=Agreement on Launch of S&P CNX Nifty Futures in Japan|org=JPX Press Release|date=March 25, 2014}}</ref>
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On January 10, 2013, JPX and [[National Stock Exchange]] in India prepared to launch S&P CNX Nifty Index futures, a stock price index of India, on Osaka Securities Exchange. And both exchanges would make preparation to list yen-dominated S&P CNX Niffy Index futures by March of 2014. <ref>{{cite web|url=http://www.jpx.co.jp/en/news-releases/130111_b.html|name=Agreement on Launch of S&P CNX Nifty Futures in Japan|org=JPX Press Release|date=March 25, 2014}}</ref>
  
 
The exchange offers cash stocks and derivatives, including futures and options on Japanese government bonds and international stock price indices such as [[TOPIX]] and [[Nikkei 225]].<ref>{{cite web|url=http://www.mondovisione.com/media-and-resources/news/new-years-message-from-japan-exchange-group-ceo-atsushi-saito/|name=New Year's Message From Japan Exchange Group CEO, Atsushi Saito|org=MondoVisione|date=January 4, 2013}}</ref>
 
The exchange offers cash stocks and derivatives, including futures and options on Japanese government bonds and international stock price indices such as [[TOPIX]] and [[Nikkei 225]].<ref>{{cite web|url=http://www.mondovisione.com/media-and-resources/news/new-years-message-from-japan-exchange-group-ceo-atsushi-saito/|name=New Year's Message From Japan Exchange Group CEO, Atsushi Saito|org=MondoVisione|date=January 4, 2013}}</ref>

Revision as of 10:09, 25 March 2014

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Japan Exchange Group
Founded 2013
Key People Atsushi Saito, CEO

Japan Exchange Group (JPX) is the new holding company created by the merger of the Tokyo Stock Exchange (TSE) and Osaka Securities Exchange (OSE), which was completed in January of 2013. The TSE offers cash equities while the OSE operates derivatives trading. The exchanges completed their cash equities integration in July 2013 and finished consolidating their derivatives trading in March 2014. [1] [2]

Japan Exchange Group went public via a stock swap and listed on the TSE January 4, 2013. Shares of the stock fell 9.4 per cent on its first day, ranking it tenth among global exchange groups. [3]

The company's clearinghouse is Japan Securities Clearing Corp. Its self-regulatory body is Tokyo Stock Exchange Regulation.[4]

As of March 2014, the exchange ranked 14th globally in derivatives trading volume. 366 million contracts were traded there in 2013 based on the combined figures for the two previous entities, according to the Futures Industry Association.


History

Products and Services

On January 10, 2013, JPX and National Stock Exchange in India prepared to launch S&P CNX Nifty Index futures, a stock price index of India, on Osaka Securities Exchange. And both exchanges would make preparation to list yen-dominated S&P CNX Niffy Index futures by March of 2014. [5]

The exchange offers cash stocks and derivatives, including futures and options on Japanese government bonds and international stock price indices such as TOPIX and Nikkei 225.[6]

On January 6, 2014, JPX will launch a new stock price index, the JPX Nikkei Index 400. With the new index, JPX is encouraging securities companies and other businesses to develop new types of investment products.[7]

Key People

References

  1. Tokyo and Osaka Bourses Merge as Japan Exchange Group. Waters Technology.
  2. Bright Futures for Japan's Unified Futures?. {{{org}}}.
  3. Japan ‘super-bourse’ makes rocky start. The Financial Times.
  4. Japan Exchange Group to Be Launched Tues., Uniting TSE, OSE. JIJI Press.
  5. Agreement on Launch of S&P CNX Nifty Futures in Japan. JPX Press Release.
  6. New Year's Message From Japan Exchange Group CEO, Atsushi Saito. MondoVisione.
  7. TSE faces international challenge. The Japan News.