JPX eyes derivatives cooperation


Japan Exchange Group Inc. , or JPX, plans to step up cooperation with overseas exchanges in the area of financial derivatives, Chief Executive Officer Atsushi Saito said in a recent interview.

The comments come as the derivatives market of the Tokyo Stock Exchange, a unit of JPX, is slated to be integrated into that of the Osaka Securities Exchange, another JPX unit, on March 24.

Once trading volume on the Osaka exchange increases after the integration, “many types of collaboration with overseas exchanges will come into sight,” Saito said. Cross-listing of exchange-traded funds could be one of the options, he said.