Japan regulators further relax electronic trading mandate

JFSA initially to mandate only three tenors of IRS for platform trading


The Japan Financial Services Agency has further narrowed the mandate for the electronic trading of yen interest rate swaps by requiring only instruments with a tenor of five, seven and 10 years, linked to six-month Libor, to be transacted this way when the directive comes into force in September this year.

The JFSA had already sought to reduce the initial impact of its electronic trading platform (ETP) mandate – the Japanese version of the US swap execution facility (Sef) – in July last year by

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here