About JPX

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.

JPX Group

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

Japan Exchange Group, Inc. (Company Profile)
Tokyo Stock Exchange, Inc. (Company Profile)
Osaka Exchange, Inc. (Company Profile)
Japan Exchange Regulation (Company Profile)
Japan Securities Clearing Corporation (About JSCC)

Business Model

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.

Business Model