Osaka Securities Exchange
Osaka Securities Exchange Co., Ltd. is the second largest securities exchange in
Japan, in terms of amount of business handled. As of 31 December 2007, the Osaka
Securities Exchange had 477 listed companies with a combined market capitalization
of $212 billion.
The Nikkei 225 Futures, introduced at the Osaka Securities Exchange in 1988, is
now an internationally recognized futures index. In contrast to the Tokyo Securities
Exchange, which mainly deals in spot trading, the Osaka Securities Exchange’s strength
is in derivative products today OSE is the leading Derivatives Exchange in Japan
and it was the largest futures market in the world in 1990 and 1991.
According to statistics from 2003, the Osaka Securities Exchange handled 59% of
the stock price index futures market in Japan, and almost 100% of trading in the
options market. Osaka Securities Exchange Co., which listed on its Hercules market
for startups in April 2004 is the only Japanese securities exchange which went public
on its own market.