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May 14, 2019 TSE T+2 Stock Settlement Cycle Go-live Date is Fixed

 

The Working Group on Shortening Stock Settlement Cycle (WG), for which JSDA (Japan Securities Dealers Association), TSE (Tokyo Stock Exchange) and JSCC (Japan Securities Clearing Corporation) act as its secretariat, has worked on realization of shortening stock settlement cycle in Japan (hereinafter "T+2 Implementation"), and targeted the T+2 Implementation at Tuesday, July 16, 2019 (trade date basis).

As WG made a judgment as to success/failure related to Operational Check Test / RT for T+2 Implementation, and, based on the judgment result, it has been decided that T+2 Implementation will go-live on Tuesday, July 16, 2019 (trade date basis), which has been set as the scheduled implementation date.

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