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. 6: Fee Discount Campaign for Trading TOCOM Electricity Futures
Tokyo Commodity Exchange, Inc. (TOCOM) has announced hereby to implement the Fee Discount Campaign for Trading TOCOM Electricity Futures, aimed at accelerating market liquidity and fostering trading activities.
For this campaign, the promotional rate will be applied to the trading fee for all auction and J-NET (or off-screen) trading conducted between September 1, 2025, and March 31, 2026. As a result, the effective fee levels (including clearing fees) are reduced by around 50%. Please refer to the attached campaign table for specific rates.
Through this campaign, we expect market invigoration as more investors utilize the electricity futures market. Electricity futures enable risk hedging against electricity market price fluctuations, and TOCOM will continue striving to enhance market convenience in response to market participants' needs.
Aug. 8: TOPIX Breaks 3000 Points for First Time Ever
On August 8, 2025, Tokyo Stock Price Index (TOPIX) surpassed the significant milestone of 3,000 points, closing at a record 3,024.21.
This marks the first time in 38 years that the index has passed a new 1,000-point threshold, the last time being when it exceeded 2,000 points on April 10, 1987 during Japan's bubble economy.
The index continued its strong performance in the following days, reaching a session high of 3,130.46 points on August 18.
Note: TOPIX is a market benchmark with functionality as an investable index, covering an extensive proportion of the Japanese stock market.
Please click here for more information.
Aug. 22: Publication of “JPX-R Annual Report 2025”
Japan Exchange Regulation (JPX-R) has published the “JPX-R Annual Report 2025,” 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 FY2024 in addition to such topics as 1. Adapting the Process for Listing Examinations to Changes in the Market and Social Environment, 2. Enforcement of the Rules for Securities on Special Alert and Initiatives for Preventing Corporate Scandals, 3. Response to Market Violations, and 4. Response to Market Changes and Efforts to Prevent Unfair Trading.
Aug. 28: OSE Greatly Expands Single Stock Options Eligible for Market Making, Offering Enhanced Diversification to Investors
Osaka Exchange, Inc. (OSE) will increase the number of single stock options (SSOs) eligible for market making to 32 from the current 12, effective September 1, 2025. With the addition of issues on 20 new individual stocks, eligible underliers will now comprise 30 individual stocks and two ETFs.
The new additions include stock listed on the TOPIX Core30, TOPIX Large70 and TOPIX Mid400 indices, and cover a broad range of industries, providing a lineup that meets the needs of investors. With SSO trading becoming increasingly accessible, investors have more opportunities to broaden their investment strategies. OSE aims to invigorate markets by continuing in its endeavors to further improve the investment environment.