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  "domain": "securities",
  "title": "Japan capital markets ecosystem overview",
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  "frontmatter": {
    "title": "Japan capital markets ecosystem overview",
    "aliases": [
      "japan-capital-markets-ecosystem-overview",
      "Japan capital markets overview",
      "Japan securities-and-corporate-finance map",
      "Japan primary and secondary market ecosystem",
      "Japan equity, bond, derivative market map",
      "日本資本市場エコシステム概要",
      "日本資本市場概要",
      "JapanFG/jiipf"
    ],
    "domain": "securities",
    "type": null,
    "created": "2026-05-25",
    "last_updated": "2026-07-30",
    "last_tended": "2026-07-30",
    "review_by": "2026-11-25",
    "confidence": "likely",
    "tags": [
      "securities",
      "finance",
      "overview",
      "capital-markets",
      "primary-market",
      "secondary-market",
      "equity",
      "bond",
      "derivative",
      "market-infrastructure"
    ],
    "status": "active",
    "canonical_anchor": null,
    "related": [],
    "note": null,
    "sources": [
      "https://www.jpx.co.jp/english/",
      "https://www.fsa.go.jp/en/",
      "https://www.boj.or.jp/en/",
      "https://www.jsda.or.jp/en/",
      "https://www.jasdec.com/en/",
      "https://www.mof.go.jp/english/policy/jgbs/"
    ]
  },
  "summary": "Japan's capital markets ecosystem comprises five interconnected layers: issuance (primary), trading (secondary), clearing, settlement / depository, and regulation / self-regulation. The system spans equity, bond (JGB and corporate), derivative (listed and OTC), securitized-products, and security-tok",
  "headings": [
    "Japan capital markets ecosystem overview",
    "TL;DR",
    "Wiki route",
    "1. Issuance (Primary Market)",
    "2. Trading (Secondary Market)",
    "3. Clearing",
    "4. Settlement and Depository",
    "5. Regulation and Self-Regulation",
    "Market Participants",
    "Cross-Border Linkages"
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