News Release

Jan. 28, 2015 JPX JPX and SGX will launch JPX-SGX Co-Location Direct Service

 
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Japan Exchange Group (JPX) and Singapore Exchange (SGX) are pleased to launch the JPX-SGX Co-Location Direct service which will commence in April, 2015. This follows the Letter of Intent(LOI), signed between JPX and SGX in December 2014.

The JPX-SGX Co-Location Direct service will offer straight through international network connectivity between JPX and SGX co-location data centres. Global customers will be able to enjoy greater cost efficiencies and low-latency market access to both trading venues via this service, with KVH and NTT Communications as the appointed carriers. Global investors can also continue to manage their risks efficiently and tap on new opportunities by taking advantage of the mutually listed derivatives products and services offered by JPX and SGX.

Japan Exchange Group CEO Atsushi Saito said "We are very pleased that the LOI that we signed last December towards a cooperative relationship with SGX has quickly borne fruit. Among the different areas of cooperation agreed to in that document, we are particularly pleased with the creation of this new infrastructure service, which will provide the foundation for a bridge between the two exchanges going forward. We hope it will serve to boost both markets by enhancing the convenience of trading participants and expanding trading opportunities. JPX will continue to take innovative steps such as this in further developing Asian capital markets in the future."

SGX CEO Magnus Böcker said "We are pleased with the development of the recent collaboration with JPX. SGX and JPX have been fostering a meaningful and steadfast partnership since 2000. We will continue to work closely with our partner to enhance the infrastructure and to support our customers in their business expansion in mutual markets and beyond."

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About Japan Exchange Group, Inc.

Japan Exchange Group, Inc., one of the leading exchange groups in the world, is a holding company established on January 1, 2013 as a result of a business combination between Tokyo Stock Exchange, the largest stock exchange in the Asia-Pacific region, and Osaka Exchange, a major derivatives exchange. JPX listed its stock on TSE on January 4 of the same year.

The TSE stock market reached approximately USD 4.4 trillion in market capitalization (JPY 525 trillion) as of the end of December 2014 while OSE provides markets for major Japanese derivatives such as Nikkei 225 futures, TOPIX futures, and JGB futures.

JPX website

About Singapore Exchange (SGX)

Singapore Exchange (SGX) is the Asian Gateway, connecting investors in search of Asian growth to corporate issuers in search of global capital. SGX represents the premier access point for managing Asian capital and investment exposure, and is Asia’s most international exchange with about 40% of companies listed on SGX originating outside of Singapore. SGX offers its clients the world’s biggest offshore market for Asian equity index futures, centred on Asia’s three largest economies – China, India and Japan.

In addition to offering a fully integrated value chain from trading and clearing, to settlement and depository services, SGX is also Asia’s pioneering central clearing house. Headquartered in Asia’s most globalised city, and centred within the AAA strength and stability of Singapore’s island nation, SGX is a leading Asian counterparty for the clearing of financial and commodity products.

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CONTACT

Japan Exchange Group, Inc. Market Business Development
TEL:+81-3-3666-0141