JPX Monthly Headlines

JPX group companies undertake various initiatives and disseminate information with the aim of providing the most attractive markets to all users.
Every month, we showcase the highlights of these efforts in short and concise summaries just for you.

May

May 18: Publication of Timing of Start of Derivatives Holiday Trading

OSE and TOCOM are currently discussing the introduction of derivatives holiday trading from the perspective of further convenience for investors through provision of hedging opportunities during national holidays, thereby strengthening the competitiveness of Japan's derivatives markets. In January 2020, OSE established a "Working Group on Derivatives Holiday Trading" made up of market participants and in June 2020, published a summary of the results of the Working Group's discussions in a report.
Based on subsequent discussions, it has been decided that the start of derivatives holiday trading will be around September 2022.

May 18: Establishment of a Working Group for Strengthening the Functions of the Cash Equity Market

From the perspective of responding to changes in the environment surrounding the market and diversifying investor needs, TSE has established a working group for strengthening the functions of the cash equity market for the medium term. This working group will allow opinions to be gathered from a wide range of market participants regarding mainly improving resilience (to shorten the reboot time of the trading system and improve efficiency of data linkage in the event of a system failure), the trading rules and functions (quotation rules, risk management functions), as well as extension of trading hours and dealing with consecutive national holidays. Results of these discussions will be compiled around October 2021.