Japan Exchange Group, Inc. · TSE:8697
Japan Exchange — Investor Day (July 2026)
13 slides from Japan Exchange's investor day presentation, Jul 2, 2026
Slide 1: Derivatives Market
JPX Investor Day 2026 Derivatives Market President & CEO, Osaka Exchange, Inc. Representative Director & Chair, Tokyo Commodity Exchange, Inc. Tagaya Akira July 2, 2026 © 2026 Japan Exchange Group, Inc., and/or its affiliates
Slide 2: Positioning of Each Initiative in the Medium-Term Management Plan 2027
Positioning of Each Initiative in the "Medium-Term Management Plan 2027" Equity Derivatives － Securities options, Nikkei 225 micro Futures, Nikkei 225 mini Options Interest Rate Derivatives － JGB Futures, STIR Futures Energy Derivatives － Electricity Futures Commodity － Gold, Shanghai Natural Rubber
Slide 3: Contents
Contents 1. Trends in the Derivatives Markets Overall 2. Individual Trends © 2026 Japan Exchange Group, Inc., and/or its affiliates 3
Slide 4: Trends in the Derivatives Markets Overall
Contents 1. Trends in the Derivatives Markets Overall 2. Individual Trends © 2026 Japan Exchange Group, Inc., and/or its affiliates 4
Slide 5: Derivatives Market Overview
Derivatives Market Overview ⚫ OSE derivatives trading volume reached 438.91 million contracts (ADV 1.8 million) in FY2025, the second-highest on record. ⚫ Nikkei 225 micro Futures, launched in 2023, recorded their highest ADV of 0.64 million contracts in FY2025, a further jump up from the 0.52 milli
Slide 6: Derivatives Market Overview
Derivatives Market Overview ⚫ OSE derivatives trading volume reached 438.91 million contracts (ADV 1.8 million) in FY2025, the second-highest on record. ⚫ Nikkei 225 micro Futures, launched in 2023, recorded their highest ADV of 0.64 million contracts in FY2025, a further jump up from the 0.52 milli
Slide 7: Trading Volume of Major Products
Trading Volume of Major Products ⚫ Trading volume of Nikkei 225 micro Futures and Nikkei 225 Options (large and mini) increased year on year (April–June). Trading Volume and Value (Fiscal Year) Trading Volume and Value (Quarterly) Product FY2024 FY2025 YoY Q1 FY2025 Q1 FY2026 YoY 21.52 million 21.84
Slide 8: Recent Initiatives
Recent Initiatives ⚫ Listing of new products to meet diverse needs. Timing Main Initiatives since FY2023 May 2025 Listing of short-term interest rate futures (3-Month TONA Futures) (OSE) Listing of Nikkei 225 micro Futures/mini Options (OSE) Mar. 2024 Listing of weekly contracts on electricity futur
Slide 9: Individual Trends
Contents 1. Trends in the Derivatives Markets Overall 2. Individual Trends © 2026 Japan Exchange Group, Inc., and/or its affiliates 9
Slide 10: Single Stock Options (SSOs)
Single Stock Options (SSOs) More contracts eligible for market making ⚫ OSE made SSOs on individual stocks eligible for market making in 2024, and market makers are now providing quotes for SSOs on 30 individual stocks and 2 ETFs. Record trading volume ⚫ Driven by the expansion of market-making cove
Slide 11: Interest Rate Derivatives
Interest Rate Derivatives Growing investor focus across the yield curve beyond core 10-year JGB Futures ⚫ JPY interest rates are continuing to attract greater attention due to changes in monetary policy, and annual trading volume for benchmark 10-year JGB Futures surpassed 10 million contracts for t
Slide 12: Electricity Futures Market
Electricity Futures Market Market expansion and strengthening of spot and futures integration services ⚫ Trading volume in 2025 increased by more than 5x YoY, driven by major domestic banks commencing electricity futures brokerage services. ⚫ One-stop JJ-Link service for spot and futures integration
Slide 13: Disclaimer
Disclaimer - This English version is not an official translation of the original Japanese materials. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. Japan Exchange Group, Inc. (JPX) and its subsidiaries, includin