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.

February

Jan. 30: Japan's First Trial of Blockchain Technologies in Clearing Organizations

In January 2023, Japan Securities Clearing Corporation(JSCC), a CCP(Central Counterparty)under Japan Exchange Group, Inc. began using blockchain technology in delivery settlement of rubber futures. This is the first time this technology has been trialed in Japan's stock markets.

Currently, the delivery of rubber futures are settled through the face-to-face exchange of a document called a "delivery order." Going forward, the delivery method will migrate to an online exchange of tokens recording the delivery order information using blockchain technology.

In doing so, the preparation, delivery, and other parts of the delivery order process that have been performed among sellers/buyers/warehouses every time settlement by delivery of rubber takes place will no longer be necessary and delivery settlements will be more efficient.

JSCC will consider the feasibility of using blockchain technology for delivery settlements of precious metals which are currently performed through an exchange of securities called "warehouse receipts."

Jan. 15: Event Report - Japan-Southeast Asia Market Forum

The event report of the Japan-Southeast Asia Market Forum, an international economic forum organised by the JPX and JETRO and held in Singapore last November, was published in the international media. The Forum featured prominent speakers from Japan, including Yasutoshi Nishimura, the Minister of Economy, Trade and Industry; Tomoko Amaya, Vice Minister for International Affairs, Financial Services Agency; President and CEO of the Tokyo Stock Exchange and others from government agencies, financial institutions and start-ups in the region to provide overseas investors, entrepreneurs and others with an overview of the "now" in Japan. For further details, please see the website below.

Feb. 16: Publication of Results of Survey on ETF Usage by Individual Investors

Tokyo Stock Exchange, Inc. (TSE) has published the results of the survey conducted last year in cooperation with securities firms regarding the use of ETFs by individual investors. The use of ETFs by individual investors continues to grow. As evidenced by this ETF Beneficiary Survey, it was found that the following factors were behind this growth: (1) An increase in awareness of the improved liquidity of ETFs (2) The use of ETFs as long-term investment tools TSE will strive to promote the ETF market by further improving trading and product systems, promotions, and the like based on the results of this survey in order to provide an even more convenient market environment for investors.

Feb. 20 - 21: JPXI Receives Multiple Awards for Issuance of Digitally Tracked Green Bonds Utilizing Security Tokens and Provision of the "Green Tracking Hub" that Enables Timely Visualization of the Bond's Greenness Indicators

JPX Market Innovation & Research (JPXI) has received a special award in the fundraisers category at the 4th "ESG Finance Awards Japan", hosted by the Ministry of the Environment. The award was given for JPXI's issuance of its Digitally Tracked Green Bonds utilizing security tokens and the "Green Tracking Hub" website that enables timely visualization of the bond's greenness indicators. JPXI also received the "Sustainability Innovation Award" in conjunction with Nomura Securities Co., Ltd. at the 8th "Sustainable Finance Awards", hosted by the Research Institute for Environmental Finance. JPXI remains committed to contributing to the promotion of sustainable finance throughout society through the provision of the Green Tracking Hub.