Clearing & Settlement

Japan Securities Depository Center, Inc.

Japan Securities Depository Center, Inc. (JASDEC) is the book-entry transfer institution in accordance with the Act on Transfer of Bonds, Shares, etc. which facilitated the dematerialization of a wide range of securities. All domestic listed stocks became paperless in January 2009. JASDEC offers following services.

  1. Book-entry transfer for stocks, etc.
  2. Book-entry transfer for commercial papers
  3. Book-entry transfer for corporate bonds
  4. Book-entry transfer for investment trusts
  5. DVP settlement services for off-exchange transaction deliveries
  6. Pre-settlement matching system
  7. Custody services for foreign stocks
  8. Other businesses

Settlement of securities related to regular stock transactions in the exchange market is conducted on the third business day after the transaction date (T+3) through book-entry transfer between JSCC's account and the clearing participant's account at JASDEC.

Settlement of securities between customers and securities companies is conducted through book-entry transfer to or from the customer's account at securities companies, etc.

Please refer to the JASDEC website for more information.

Japan Securities Depository Center, Inc. (JASDEC website)icon-block
Shareholder Services and Book-Entry Transfer System for Foreign Stocks, etc.