Topic 6. Stock exchanges in the Asian region

For a long time, the Tokyo Stock Exchange played an important role in the Asian stock market. However, in Japan, a large number of exchanges operated on the stock market, different in terms of types of assets. They are now united in the Japan Exchange Group exchange alliance.
Japan Exchange Group Inc. (JPX) was the result of the merger of Tokyo Stock Exchange Group and Osaka Securities Exchange in 2013.
In 2019, JPX expanded through the acquisition of Tokyo Commodity Exchange Inc.
Today, the Japan Exchange Group Inc. exchange alliance includes several segments:
- Tokyo Stock Exchange;
- Osaka Exchange;
- Tokyo Commodity Exchange;
- Clearing House;
- Innovation and Research Division;
- JPX Regulatory Division.

JPX organizes exchange trading and provides open access to exchange-traded instruments listed on it. The Tokyo Stock Exchange also provides clearing and settlement services, as well as analytical reports on the results of exchange trading.
The Tokyo Mercantile Exchange, which is part of this alliance, was founded in 1984 as an exchange on which gold and other commodity assets were traded - textiles, rubber.
The Tokyo Mercantile Exchange currently specializes in trading energy resources:
- oil;
- gasoline;
- gas oil;
- kerosene;
In addition, the Tokyo Mercantile Exchange provides trading in metals:
- silver;
- gold;
- palladium;
- platinum.
The main stock index of this platform is the world-famous Nikkey-TOCOM index.