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.
August
Aug. 7: Open Interest in Short-Term Interest Rate Futures (3-Month TONA Futures) Reaches Over 50,000 Contracts
Osaka Exchange, Inc. (OSE) launched 3-Month TONA Futures as short-term interest rate futures in May 2023 with the objective of providing a hedging function against fluctuations in short-term interest rates.
Since then, the 3-Month TONA Futures market has continued to grow steadily, with open interest surpassing 50,000 contracts for the first time on August 6, 2024.
As monetary policy begins to move, attention toward 3-Month TONA Futures is expected to continue to grow, and lively trading can be expected from a more diverse range of investment entities.
OSE has been stimulating the market for 3-Month TONA Futures by enabling cross margining with interest rate swaps and taking measures to improve liquidity in the calendar spread market.
We will continue to work towards developing that market into a highly indicative market for short-term interest rates in Japan.
Aug. 19: Addition of Two New Data Datasets and Partial Price Revision to Data Distribution Service J-Quants Pro for Corporate Users
On August 19, JPX Market Innovation & Research, Inc. (JPXI) added two new datasets to J-Quants Pro, a platform that provides insightful data on Japanese financial markets in an easy-to-use format for corporate users: opening/high/low/closing prices (with adjusted prices) and outstanding short selling positions.
In addition, daily open interest balance for each derivatives product have been newly added to the already provided “Derivatives Trading Volume/Position by Participant” as open interest data for each derivatives product, and the price of such content has been revised accordingly.
Aug. 26: Announcing the Launch of “JPxData Portal (Beta Version),” A Comprehensive Portal Site For Data on JPX Group and Its Affiliates Provided by JPXI
JPX Market Innovation & Research, Inc. (JPXI) has launched “JPxData Portal (Beta Version)” (hereinafter referred to as “Website”), a comprehensive portal site that compiles data provided by Japan Exchange Group, Japan Exchange Group companies, and partner companies (hereinafter referred to as “JPX Group and Its Affiliates”).
JPX Group and Its Affiliates currently provide over 200 types of data for a wide range of users, including investors, brokerage firms, and listed companies. However, JPXI received feedback that due to the overwhelmingly large amount of data, it is difficult for users to search through and know what kind of data can be used for what. This led us to the launch of this Website, which provides users with easy access to the data they seek and shows them how to use it.
JPXI will continue to make improvements based on your feedback.
Aug. 30: Publication of “JPX-R Annual Report 2024”
Japan Exchange Regulation (JPX-R) has published the “JPX-R Annual Report 2024,” which summarizes its functions, characteristics, and activities during the past year.
JPX-R’s mission as a self-regulatory organization is to carry out appropriate self-regulatory operations so that the financial instruments exchange markets in JPX Group can fulfill their functions to the fullest, thereby ensuring and enhancing the reliability of the markets as well as their fairness and transparency.
This year's annual report includes various numerical data for FY2023 in addition to such topics as (1) Adapting the Process for Listing Examinations to Changes in the Market and Social Environment, (2) Responses to the Revisions to the Rules for Securities on Alert and the Quarterly Disclosure System, (3) Response to Market Violations, and (4) Reaching Out to Market Stakeholders to Prevent Unfair Trading.