Friday April 27 2018
News Source: Global Exchanges
Focus: Other
Type: General
Country: Japan
The Fukuoka Stock Exchange has implemented New Clearing and Settlement Rules (Only Available in Japanese) which will take effect on 1st May 2018.
Article 6 of the regulations confirms that Non-Clearing Participants shall be entitled to take DVP settlement stipulated in the Business Method Manual of the Clearing Corporation.
The regulations go on to state the arrangements in place for non-clearing participants who defer the delivery of securities.
For additional information please click the link above