Contributing to Society

Core strategy IV in the 3rd Medium-Term Management Plan refers to the development of a foundation to support the future of our business and the society. As part of this strategy, by conducting surveys and research, JPX works with external researchers to assess and study the various factors affecting markets, legal systems, and related changes. The results of these surveys and research are used when considering JPX measures and are broadly disseminated to society, including market users such as securities firms and investors.

JPX Working Papers

With a view to enhancing its competitiveness, JPX compiles surveys and research on the market environment carried out by its executives and employees or external researchers as JPX Working Papers. As a part of those activities, we have published various papers on the applicability of blockchain/ distributed ledger technology to capital market infrastructure, as well as analysis results utilizing transaction data.

JPX Working Papers

Joint Research with the University of Tokyo

JPX is working with the research team under Professor Izumi Kiyoshi of the Department of Systems Innovation, School of Engineering at The University of Tokyo to conduct joint research related to technologies and system design for the stable and efficient operation of financial instruments exchange markets. We are moving forward with research such as the use of artificial market simulations to virtually create conditions that cannot be observed in the actual market. The results of this research are published, where appropriate, as JPX Working Papers.

JPX Study Group on the Financial Instruments & Exchange Act

JPX is holding a study group on Japan’s Financial Instruments and Exchange Act to provide a platform for research on various legal issues related to the financial instruments market and will make the results widely available in Japan and abroad.

This study group is composed of more than 20 up-and-coming researchers, who generally meet once a month to present reports and hold discussions. Along with posting of the minutes and reports of this study group on the JPX website, the reports are periodically compiled into booklets that are distributed to researchers and organizations concerned.