JPX to Establish New Subsidiary on Market Innovation & Research




Japan Exchange Group, Inc. (JPX) announced on November 25 that its Board of Directors resolved to restructure its organization by establishing a new and highly focused subsidiary called “JPX Market Innovation & Research, Inc.” this month. The new company, which is scheduled to start business from April, will focus on providing data and index services related to financial instruments markets and system-related services, in addition to other related businesses.


The JPX announcement mentions that in order to respond appropriately to external changes, and further accelerate work toward diversifying its businesses and advancing the sophistication of its services, JPX needs to aim for flexible and mobile business development through M&As and leverage highly-skilled human resources, while fostering a new culture that is different to a conventional "exchange" culture, and without the constraints of a traditional "exchange" framework.



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