Japanese trading volumes at its exchanges rose in January 2014 after a quieter period during which trading activity had flagged. The Tokyo Stock Exchange (TSE) and Osaka Stock Exchange (OSE) are both owned by the Japan Exchange Group (JPX).
The average daily trading value for the 1st Section in January 2014 was JPY 2.85 trillion, and that figure represented a new monthly high since the recent peak recorded during May 2013.
The trading value for the ETF market in January 2014 was JPY 2.96 trillion, the second highest after December 2013. The trading value for the 2nd Section in January 2014 was JPY 695.7 billion, the highest level in almost eight years.
Japan’s cash equity market is operated by the TSE, while the derivatives market is currently operated by the OSE and TSE. The derivatives markets will be integrated under the OSE on 24 March 2014.
The Japan Exchange Group has also issued its results for the nine months ended 31 December 2013. The greater market activity in 2013 has yielded increased turnover and earnings. Operating revenue was JPY 89,102 million (JPY 45,945 million for the same period in 2012) and net income was JPY 24, 396 million (JPY 7,313 million for that period in 2012).