Japan Exchange Group
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, JPX continues to make every effort to ensure reliable markets and create greater convenience for all market users.
On October 1, 2019, JPX expanded its business into commodity derivatives trading by acquiring Tokyo Commodity Exchange, Inc.
Shenzhen Stock Exchange (SZSE) and Japan Exchange Group, Inc. (JPX) signed the memorandum of understanding (MoU) on January 25, 2021. According to the MoU, SZSE and JPX will deepen cooperation on ETF connectivity, cross-border promotions, and cross-border innovative capital formation, etc. With respect to the ETF Connectivity scheme cooperated by SZSE and JPX, Chinese and Japanese fund managers set up ETFs to invest in each other’s target ETF tracking the Nikkei 225 Index and Guangdong-Hong Kong-Macao Greater Bay Area Innovation 100 Index respectively. On April 8, 2021, the ETF Connectivity products were listed on SZSE and Tokyo Stock Exchange respectively for trading. Under the China-Japan ETF Connectivity scheme, SZSE and JPX will continue to promote cross-border product innovation, and broaden the channel of connectivity, to provide investors in both countries with multiple cross-border investment choices and facilitate bilateral innovative economies with more cooperation linked by capital.
TOPIX is a market benchmark with functionality as an investable index, covering an extensive proportion of the Japanese stock market. TOPIX is a free-float adjusted market capitalization-weighted index. TOPIX shows the measure of current market capitalization assuming that market capitalization as of the base date (January 4 ,1968) is 100 points. This is a measure of the overall trend in the stock market, and is used as a benchmark for investment in Japanese stocks.
Indices description:https://www.jpx.co.jp/chinese/markets/indices/overview/index.html
Indices line-up:https://www.jpx.co.jp/english/markets/indices/line-up/index.html