Market News

Jul. 29, 2025 JPXTSE Change in Settlement Schedule for GX Credits on the Carbon Credit Market

Following the previous fiscal year, we have been entrusted with market operations of trading of GX (Green Transformation) credits by Nomura Research Institute, Ltd., which has been commissioned by the Ministry of Economy, Trade and Industry to carry out its green transformation project for FY2025 (operation of the GX League secretariat and development of frameworks to support voluntary emissions trading by companies participating in the GX League).
In response to that, we are pleased to announce that we conduct trading of GX credits on the Carbon Credit Market (hereinafter referred to as the "Market") for a two-month period from November to December 2025. Additionally, we plan to revise the settlement date from the tenth trading day counting from the trading day on which the trade is executed to sixth trading day. Furthermore, other necessary revisions will also be made. We are accepting public comments regarding this matter.
Since we opened the Market on October 11, 2023 as an official market of the JPX Group, we have been implementing various measures from the perspective of expanding the Market and improving liquidity. We will contribute to the development of carbon credit market from a medium to long-term perspective along with the development of emissions trading scheme in Japan.