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.
December
IPO Update for 2024
The demand for IPOs remains strong, with 130 new companies listing on Tokyo Stock Exchange (TSE) in 2024, the second highest number in ten years. The ratio of newly listed companies from regions outside of Tokyo was approximately 40%, and the number of large-scale listings with initial market capitalizations exceeding JPY 100 billion was six.
The specified investor-oriented TOKYO PRO Market also reached a record number with 50 newly listed companies. The use of TSE markets is expanding. TSE will continue making efforts to encourage and ensure the quality of IPOs through cooperation and collaboration with underwriters, audit firms, local financial institutions, and others involved in the IPO process, while actively promoting our listing activities across the country in 2025.
Dec. 5: TSE’s CONNEQTOR will connect directly with Bloomberg’s EMSX
Tokyo Stock Exchange, Inc. (TSE) announced today that TSE will directly connect Bloomberg EMSX, a leading multi-asset execution management solution, and CONNEQTOR, an electronic trading platform for ETFs provided by TSE.
This will allow global investors who are also Bloomberg Terminal subscribers to easily access the Japanese market and trade ETFs listed on TSE faster and at reduced cost.
Representatives of Sumitomo Life Insurance Company and Nomura Asset Management Co., Ltd. have also commented on this development.
Dec. 10: Announcement and Calculation of the S&P/JPX Prime Market 250 Index
On December 10, 2024, S&P Dow Jones Indices LLC (S&P DJI) and JPX Market Innovation and Research, Inc. (JPXI) announced the launch of the S&P/JPX Prime Market 250 Index.
The S&P/JPX Prime Market 250 Index covers the largest and most liquid 250 constituents from a universe of more than 1,500 companies listed on the Prime Market. Through the calculation of this index, we aim to facilitate access to the Japanese market for overseas investors.
Dec. 30: Ceremonies on the Last Trading Day of the Year
Japan Exchange Group, Inc. (JPX) held its annual ceremonies on December 30, the last trading day of 2024. At our Tokyo venue, Group CEO Yamaji Hiromi delivered a speech and led the traditional Japanese ceremonial proceedings. At our Osaka venue, President and CEO of Osaka Exchange, Inc. Yokoyama Ryusuke delivered a speech, and welcomed Kansai Economic Federation Chairman and CEO Matsumoto Masayoshi, who delivered a speech and led the traditional Japanese three cheers, bringing the year to a close.