The Japan Exchange Group (JPX) has outlined its plans for its upcoming activity in Asia. Given its belief that Asia will be an engine of global growth, it sees that major regional exchanges have the opportunity to harness that growth.
JPX has said that it will realise the listing of TOPIX ETFs and futures on Asian exchanges in order to secure order flows from Asia and increase the regional prominence of the Japanese market.
The exchange will also promote the listing of bonds issued under sovereign guarantee programmes for developing countries and strengthen promotion efforts towards Asian issuers and professional investors.
As TRADE Asia has reported previously, JPX will open a listed infrastructure market by the end of the current financial year. It now says it plans to have the first listing on that market by the end of 2015. JPX will also strengthen promotion beyond domestic frontiers towards the listing of funds from other Asian issuers.