Now, however, Jasdec will take over foreign securities as well as domestic issues, via a link with DTCC's depository subsidiary. US and Japanese firms will be able to move US securities traded in Japan through the depository to other US or Japanese brokers.
Trades on Japanese exchanges will continue to be settled in Japan. The move will help the exchanges transfer to paperless trading by 2009, Japanese regulators said.
The week on Risk.net, July 7-13, 2018Receive this by email