Japan Exchange Group (JPX)

The Japan Exchange Group was born out of the merger of the Tokyo Stock Exchange and the Osaka Securities Exchange in 2013.

The trading floor of the Tokyo Stock Exchange (TSE) closed in 1999 as the exchange moved to fully electronic trading. The Osaka Securities Exchange (OSE), which specialized in derivatives trading, became fully electronic in the same year.

Close to 2000 companies are listed on the main board of the combined JPX exchange and more than 500 companies are listed in the mid-cap board.  The MOTHERS (market of the high-growth and emerging stocks) market, a secondary exchange for startups operated by the JPX, list more than 200 companies.

Investment vehicles traded on the exchange include stocks (Japanese and non-Japanese), exchange traded funds (ETFs), exchange traded notes (ETNs), real estate investment trusts (REITs), investment funds, convertible bonds, Japanese government bonds, and warrants.

Derivatives including futures based on various indexes and futures based on Japanese government bond performance are also listed. More than 120 financial services providers, including divisions of Credit Suisse and UBS, participate in the JPX.

Trading hours: Monday through Friday 9:00 a.m. to 3:00 p.m. JST (UTC+9)
Settlement cycle: T+3

Trading guides:
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Editor Daniel Dreier
Daniel Dreier is editor and personal finance expert at moneyland.ch.