The Japan Exchange Group (JPX) is a financial services company that operates the Tokyo Stock Exchange and the Osaka Exchange. It was established in 2013 through the merger of the Tokyo Stock Exchange Group and the Osaka Securities Exchange. JPX plays a crucial role in Japan's financial market by providing a platform for trading various financial instruments, including stocks, bonds, and derivatives. JPX aims to enhance market efficiency and transparency while promoting the growth of Japan's economy. It also offers services such as market data, clearing, and settlement, ensuring that transactions are conducted smoothly and securely.