Japan Exchange Group to launch J-Quants project
Japan Exchange Group, Inc. (JPX) announced today that it will launch J-Quants, a Proof of Concept (PoC) Project by providing an environment to promote trading utilizing IT and data analysis for individuals interested in data science. AlpacaJapan Co., Ltd. will be the IT support vendor.
In recent years, trading by retail investors using IT and data analysis has been increasing in overseas markets. In Japan as well, utilizing various data and training data scientists have been promoted. Given these factors, JPX is conducting PoC testing for the possibility of usage by providing data through API and free-of-charge learning contents (providing an environment to input knowledge) such as tutorials for financial data analysis using IT, as well as by holding a data analysis competition.
In the PoC testing, financial data and learning contents will be provided free of charge. JPX believes it will serve as an opportunity for not only individuals with experience in data analysis but also for beginners with little to no knowledge of financial data and data analysis to learn about investment methods by using IT to perform portfolio analysis etc. as well as for students studying data science to have an interest in financial data.
JPX will consider providing an environment that makes it easy for retail investors to conduct trading using IT and data analysis, based on the results of the PoC testing.
In the PoC testing, JPX will hold a data analysis competition as a place for learning about trading utilizing IT and data analysis. A wide range of individuals from beginners to those with knowledge of data science can participate in the competition. They will analyze stock prices, etc. using various financial data.
Prospective participants in the PoC testing are required to apply for the data analysis competition. The competition will be held on a platform provided by SIGNATE. Those willing to apply can do so via the SIGNATE webpage.