JPX Issues Warning Against Fraudulent Clone Apps and Websites

Japan Exchange Group, Inc. (JPX), a Tokyo-based financial services corporation that operates different financial instruments exchange markets, today issued a warning against suspicious application and website (JPXVIP.com, JPXtradefx.com, etc.) providing services related to trading of stocks, commodities, crypto assets, and other products that are not provided by JPX Group but use the name "JPX," which is a trademark owned by the Group.

JPX stated that it does not currently provide any trading services directly to individuals and has no relationship with these or other such apps or websites.

The Group warned that it currently provides no smartphone applications other than the Tosho Money-bu and Analyst Report Library apps shown on the page: https://www.jpx.co.jp/learning/social-media/index.html.

Recently, the leading exchange operator released its trading overview for May 2023​, registering the daily average trading value (ADTV) for the Prime Market (domestic common stocks) of JPY 4.0491 trillion and total derivatives trading value of JPY 236 trillion, up 36.1% and up 35.6% respectively compared to the metrics in the prior month.