JPX opens up in Hong Kong, as volumes head higher back home

The Tokyo and Osaka exchanges have opened up a new representative office in Central, Hong Kong

The Japan Exchange Group (JPX) has announced that its subsidiaries Tokyo Stock Exchange (TSE) and Osaka Exchange have opened a representative office in Hong Kong this month.

The Hong Kong office joins others similar operations for the group in New York, London, Singapore, and Beijing.

In October 2014, daily average trading value for the TSE 1st Section was JPY 2.55 trillion, continuing an upward monthly trend.

In September the daily average trading value was JPY 2.28 trillion in September, which in turn was a 15% monthly increase on August.

In the exchange-traded fund market, total trading value was JPY 4 trillion, a record monthly high for ETFs.

Trading volume in Osaka derivatives market reached a total of 37,8 million contracts, the highest levels since June 2013.