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Preventing Unfair Trading | Japan Exchange Group Insider Trading Market Manipulation Examination of Trades (Market Surveillance) at TOCOM Examination of Trades (Trade Practice Examination) Unfair Trading under Commodity Derivatives Act Examples of Trade Practices which Might Trigger Action by TOCOM Perspectives of Trade Practice Surveillance Specific Examples of Action Taken Educational Activities for Preventing Unfair Trading Educational Activities for Preventing Unfair Trading Other Activities Status of Market Surveillance Activities...

Publications | Self-Regulation | Japan Exchange Group Application of AI to Market Surveillance Prevention of Corporate Scandals Response to Corporate Scandals Response to Equity Financing Guidelines on Prevention of Unfair Trading Technical Listings Publications 　 Annual Reports Application of AI to Market Surveillance Prevention of Corporate Scandals Response to Corporate Scandals Response to Equity Financing Guidelines on Prevention of Unfair Trading Technical Listings Press release regarding the introduction of Artificial Intelligence to market surveillance operations. Introduction of Artificial Intelligence to Market Surveillance Operations　(Mar. 2018) Principles to encourage listed companies to take initiatives to prevent corporate scandals and set forth conduct expected of listed companies from the perspective of preventing damage to corporate value. Establishment of “Principles for Prevention of Corporate Scandals” (Mar. 2018) (in Japanese only) Principles for Prevention of Corporate Scandals Fundamental principles of conduct for listed companies in dealing with corporate scandals aimed at helping to restore corporate value ...

Trading Participants | Japan Exchange Group Overview of a Trading Participant/Acquisition of Trading Qualifications What is a Trading Participant? Acquisition of Trading Qualifications List of Trading Participants Capital Adequacy Ratio of General Trading Participants Trading Participation Fees Disciplinary Actions Tokyo Stock Exchange Osaka Exchange Tokyo Commodity Exchange Permission from Overseas Relevant Authorities Remote Trading Participant System Permission from Overseas Relevant Authorities concerning overseas investor...

Public Comments | Japan Exchange Group The table shows the latest information on public comments. For details on each subject, please click the title to view comments that were received and responses for closed items. Before submitting comments, please read and agree to our policy on public comments and the rules for submitting comments in the following page. Policy on Public Comment Procedures Archives: 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 Announcement Date Closing Date Issued by * Subject Jul. 29, 2025 Aug. 28, 2025 TOCOM Addition of Chubu-Area Electricity to Monthly and Fiscal Year Contracts on Electricity Futures Jul. 29, 2025 Aug. 28, 2025 TSE Change in Settlement Schedule for GX Credits on the Carbon Credit Market Jul. 29, 2025 Aug. 28, 2025 TSE Revisions to the Listing Rules for Real Estate Investment Trust Securities in Accordance With the Clarified Definition of Real Estate in the Act ...

Rules | Japan Exchange Group Rules Tokyo Stock Exchange, Inc. Osaka Exchange, Inc. Tokyo Commodity Exchange, Inc. Japan Exchange Regulation Revisions to Rules and Regulations Tokyo Stock Exchange, Inc. Osaka Exchange, Inc. Tokyo Commodity Exchange, Inc. Japan Exchange Regulation Trading Account Agreement Tokyo Stock Exchange, Inc. Osaka Exchange, Inc....

Overview | Connectivity Services | Japan Exchange Group Introduction of JPX Co-Location Service Announcement about connectivity service What are Connectivity Services? Overview 　 Services arrownet-Global JPX Ecosystem Ecosystem Member List Tax Treatment Please watch the following video clip for a short, simple introduction to the JPX Co-Location service menus and the performance of the facilities. Cooperative Company; STOCK VOICE Inc. Date Category Contents January 15, 2024 Network New service called "L1 Multicast Line" that enables more fair and deterministic distribution of multicast market data has been introduced in JPX Co-Location by adopting new devices (Layer 1 Switch) with lower latency. June 1, 2022 Network "arrownet-Global (Post-trade Direct)", a dedicated line connection service that enables Point to Point connection between overseas user sites and the Japan Securities Clearing Corporation (JSCC)'s clearing system, has been provided by Partner Network Vendors (arrownet-Global vendors), in order to strengthen the ...

Overview | Derivatives Trading Services | Japan Exchange Group Services overview Overview 　 J-GATE How to start trading on JPX List of ISVs Osaka Exchange INC (hereinafter called OSE) and Tokyo Commodity Exchange (hereinafter called TOCOM), has adopted the system for its derivatives trading system from NASDAQ, which is the system being used by Exchanges from around the world. Considering the trend of domestic and international competing Exchanges, and from the viewpoint of improving conveniences for investors and international competitiveness of derivatives market, J-GATE was launched on July 16, 2016 then replaced on September 21, 2021. Furthermore, Trading Participants and Users are required to use arrownet which is a network infrastructure linked to OSE trading systems in order to perform trading. Product Derivatives System J-GATE Products traded Index Futures JGB Futures Options, etc. Trading hours For details, please refer to trading hours List of ISVs List of ISVs Connectivity services ...

Equities Trading Services | Japan Exchange Group Services overview Overview 　 Services (arrowhead) Services (ToSTNeT) Services (Others) How to start trading on JPX List of ISVs TSE offers cash products. Trading of them is handled by 2 separate systems, arrowhead and ToSTNeT system. When trading cash products , you will need to connect to the arrownet network that links systems of trading participants and users, and the TSE trading and market information systems. Product Cash products Auction ToSTNeT System arrowhead ToSTNeT System Products traded Stocks (domestic, foreign, preferred, etc.) ETF REIT CB, etc. * Trading hours 9:00-11:30 12:30-15:30 8:20-18:00 (Single stock trading) List of ISVs List of ISVs Protocol TCP/IP Market information FLEX Standard FLEX Market by Order FLEX Standard Connectivity Services Available For details, please refer to Connectivity Services - Overview. JGBs can be traded from 12:30 to 14:00 by a method ...

Overview | Network Servies | Japan Exchange Group arrownet Overview 　 arrownet JPX offers, as a connection service to JPX systems, "arrownet", a network which ensures business continuity during a disaster. "arrownet" is a highly reliable network connecting market participants to JPX trading and market information systems. "arrownet" adopts cutting-edge technology to achieve high speed and large volume transmission, and secures business continuity in a disaster through some Access Points and a Secondary Site. In addition to connecting to JPX, "arrownet" connects market participants to other marketing organizations. As an unified and common network in securities markets, "arrownet" provides convenient and effective accessibility to the markets with market participants. System overview If you wish to see an enlarged version of the above figure, please refer to the following PDF document. System overview System features Low latency (reduced network latency) The high speed network between the Access Points and the sites is a ...

Market System Status | Market System Status | Japan Exchange Group arrowhead J-GATE Archives Market System Status 　 arrowhead J-GATE Information about market system status, etc. on the cash equity market will be posted on this page. Please see the following for details. arrowhead Information about market system status, etc. on the derivatives market will be posted on this page. Please see the following for details. J-GATE Date Target System Contents Jul. 4, 2025 Cash Equity Trading (FLEX) Incident of FLEX Line 2 connected via Access Point 2 Apr. 14, 2025 J-GATE Regarding the Cancellation of the Expansion of DCB Price Range Apr. 3, 2025 J-GATE Regarding the Expansion of DCB Price Range Oct. 16, 2024 Cash Equity Trading (FLEX) Incident of FLEX Line 2 Aug. 13, 2024 J-GATE Regarding OSE cancelled DCB price range expansion Aug. 6, 2024 J-GATE Regarding change in start time for ...