Japan Exchange Group

Japan Exchange Group, Inc. (株式会社日本取引所グループ, Kabushiki-gaisha Nippon Torihikijo Gurūpu) (JPX) is a Japanese financial services corporation that operates multiple securities exchanges including Tokyo Stock Exchange and Osaka Securities Exchange. It was formed by the merger of the two companies on January 1, 2013.

Japan Exchange Group, Inc.
Native name
株式会社日本取引所グループ
Kabushiki gaisha Nippon Torihikijo Gurūpu
FormerlyOsaka Securities Exchange Co., Ltd. (1949–2013)
TypePublic KK
TYO: 8697
IndustryFinancial services
Predecessors
Founded
  • De jure on 1 April 1949 (1949-04-01) as the Osaka Securities Exchange Co., Ltd.
  • De facto on 1 April 2013 (2013-04-01)
HeadquartersKabutochō, Chūō, Tokyo, Japan
Key people
Atsushi Saito, CEO
ProductsSecurities exchange
SubsidiariesTokyo Stock Exchange
Osaka Exchange
Tokyo Commodity Exchange
Japan Exchange Regulation
Japan Securities Clearing Corporation
WebsiteJPX.co.jp/

It is the world's third largest exchange, behind NYSE and NASDAQ and hence Asia's largest bourse.[1]

History

  • November 22, 2011 - TSE and OSE decided to merge into one, as a solution to slowing market conditions in Japan.[2]
  • July 5, 2012 - The Japan Fair Trade Commission approved the TSE-OSE merger.[3]
  • January 1, 2013 - JPX was launched.
  • January 4, 2013 - JPX was listed at TSE's first section (8697). JPX also assumed OSE's own ticker symbol (also 8697).

See also

References

  1. "Largest stock exchange operators worldwide as of April 2018, by market capitalization of listed companies (in trillion U.S. dollars)". Statista. Retrieved 19 October 2018.
  2. "Tokyo and Osaka stock exchanges to merge". BBC News. November 22, 2011. Retrieved May 10, 2013.
  3. "Japan approves merger of Tokyo and Osaka exchanges". BBC News. July 5, 2012. Archived from the original on 2012-07-07. Retrieved July 7, 2012.
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