Market News
Oct. 02, 2025 OSE Notional Amount of Single Stock Options Trades in September 2025 Highest Since Market Integration
Osaka Exchange (OSE) is pleased to announce that the notional amount of trades in single stock options (SSOs) in September 2025 reached JPY 68.5 billion, marking the highest level since the integration of the derivatives markets of OSE and Tokyo Stock Exchange (TSE) in 2014.
SSOs Emerging as New Form of Stock Investment
In response to the demands of our investors and to further enhance the convenience of the SSO market, OSE expanded the number of SSOs eligible for market making from 12 to 32 (30 individual stocks and two ETFs) as of September 1, 2025.
This initiative, along with proactive quoting by market makers, has received widespread support from investors, leading to the record trading volume in September 2025. Helped by brisk trading in TSE's cash market, the SSO market is rapidly growing more liquid and lively, and this record demonstrates that SSOs are increasingly being recognized by investors as a "new form of stock investment."
Trading Rankings (Notional Amount-Based)
The underlying securities of the top ten SSOs traded in September 2025 are listed in the table below.
| Code | Underlying Security | Notional Amount Traded |
| 1321 | NEXT FUNDS Nikkei 225 Exchange Traded Fund | JPY 6.5 billion |
| 9735 | SECOM CO.,LTD. | JPY 5.5 billion |
| 4063 | Shin-Etsu Chemical Co.,Ltd. | JPY 5.0 billion |
| 9984 | SoftBank Group Corp. | JPY 4.2 billion |
| 7203 | TOYOTA MOTOR CORPORATION | JPY 4.1 billion |
| 6861 | KEYENCE CORPORATION | JPY 4.0 billion |
| 7011 | Mitsubishi Heavy Industries,Ltd. | JPY 3.9 billion |
| 6752 | Panasonic Holdings Corporation | JPY 3.7 billion |
| 7270 | SUBARU CORPORATION | JPY 3.4 billion |
| 7741 | HOYA CORPORATION | JPY 2.7 billion |
OSE will continue its efforts to improve efficiency in the yen interest rate market in order to meet the needs of market stakeholders.
For Reference (More on the SSO market)
Please utilize the following links for more information on the SSO market:
Options Quotes for SSO
Japan's Single Stock Options Markets Primed for Revitalization after Regulatory Improvements
Contact
Osaka Exchange
TEL:+81-6-4706-0800 (Operator)