Japan Securities Clearing Corporation

OTC Derivatives Clearing Service

Principles for Financial Market Infrastructures Disclosure

Introduction of New Margin Calculation Method for Listed Derivatives - From SPAN Method to VaR Method -

OTC Derivatives Clearing Service

Principles for Financial Market Infrastructures Disclosure

Commencement of Use of Clearing Fund Sponsored Scheme in JGB OTC Transaction Clearing Business
Judgement regarding Ad Hoc Modification of AS-VaR Parameters - Update of AS-VaR Parameters (March 24, 2026 - March 27, 2026)
【On March 23】Judgment by JSCC pertaining to ad hoc modification of AS-VaR Parameters (the Gold Group)

Urgent Information

No Information

Information

2026/03/25: Commencement of Use of Clearing Fund Sponsored Scheme in JGB OTC Transaction Clearing Business

2026/03/23: Judgement regarding Ad Hoc Modification of AS-VaR Parameters - Update of AS-VaR Parameters (March 24, 2026 - March 27, 2026)

2026/03/23: 【On March 23】Judgment by JSCC pertaining to ad hoc modification of AS-VaR Parameters (the Gold Group)

2026/03/18: 【To investors】Revising “Handling of Specifics Concerning VaR Method” associated with Listed Derivatives April 2026 Project

2026/03/10: Judgement regarding Ad Hoc Modification of AS-VaR Parameters - Update of AS-VaR Parameters (March 11, 2026 - March 13, 2026)

Archives

Files for Futures & Options Margin

Parameter Files for VaR Margin Calculation（VPF,BPF,APF）

AS-VaR Parameter File,Margin Fluctuation Ratio File,List of Thresholds for Judgment of charging Margin add-on File

VaR Margin Amount by Issue(File for Margin per Contract)

Margin per Contract (First Contract Month of Nikkei 225, TOPIX and 10-year JGB Futures)