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Interim Report of the Working Group on Shortening Stock Settlement Cycle

In July 2015, JSDA, TSE (Tokyo Stock Exchange) and JSCC (Japan Securities Clearing Corporation) set up the "Working Group on Shortening Stock Settlement Cycle (WG)" as its secretariat to conduct discussion amongst market participants and related parties for realization of shortening stock settlement cycle in Japan (change of settlement cycle to T+2).

On December 29, the WG published “Interim Report of the Working Group on Shortening Stock Settlement Cycle”, which included results of the discussions at the WG to date and the target schedule for the change of settlement cycle to T+2.

Abstract of the Interim Report of the Working Group on Shortening Stock Settlement Cycle(Tentative Translation)

Brochure “Move to T+2 Settlement in Japan”

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