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The Japan Exchange Group (JPX) has released its trading overview for 2023, showing record activity in the Japanese stock market. In the spot stock market, the annual trading value of the main floor of domestic common stocks reached 943.7637 billion yen, an all-time high.
According to today’s (Friday) press release, trading was also robust for domestic ETFs at 57.76 trillion yen, the sixth highest on record, and for J-REITs at 12.9144 trillion of yen, the fifth highest.
The derivatives market also saw significant trading, with a total volume of 394,038,423 contracts, the third highest on record. The total value of derivatives trading reached a new record of 3,538 trillion yen.
Night trading accounted for 37.5% of total derivatives volume. Trading volume specifically for TOPIX futures stood at 26,627,140, the second highest on record.
In December, the monthly volume of derivative contracts was 34,575,752 contracts, while their value reached 430 trillion yen, the highest figure in December. TSE REIT Index futures set a new monthly volume record of 286,364 contracts.
Analysts cite the weakening yen, continued economic recovery and improving corporate governance as reasons for increased investor interest and trading activity in Japanese stocks. The increase in volumes reflects global confidence in the Tokyo market through 2024.
JPX is a large financial exchange holding company that operates several exchanges in Japan and is one of the 5 largest exchange operators in the world based on market capitalization of listed companies. It was formed from the merger of the previous two largest Japanese stock exchanges, making it a dominant player in Japanese financial markets.
The Japan Exchange Group (JPX) has released its trading overview for 2023, showing record activity in the Japanese stock market. In the spot stock market, the annual trading value of the main floor of domestic common stocks reached 943.7637 billion yen, a record high.
According to today’s (Friday) press release, trading was also robust for domestic ETFs at 57.76 trillion yen, the sixth highest on record, and for J-REITs at 12.9144 trillion of yen, the fifth highest.
The derivatives market also saw significant trading, with a total volume of 394,038,423 contracts, the third highest on record. The total value of derivatives trading reached a new record of 3,538 trillion yen.
Night trading accounted for 37.5% of total derivatives volume. Trading volume specifically for TOPIX futures stood at 26,627,140, the second highest on record.
In December, the monthly volume of derivative contracts was 34,575,752 contracts, while their value reached 430 trillion yen, the highest figure in December. TSE REIT Index futures set a new monthly volume record of 286,364 contracts.
Analysts cite the weakening yen, continued economic recovery and improving corporate governance as reasons for increased investor interest and trading activity in Japanese stocks. The increase in volumes demonstrates global confidence in the Tokyo market through 2024.
JPX is a large financial exchange holding company that operates several exchanges in Japan and is one of the 5 largest exchange operators in the world based on market capitalization of listed companies. It was formed from the merger of the two previous largest Japanese stock exchanges, making it a dominant player in Japanese financial markets.
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