JASDEC held its industrywide system tests on September 10 and 11.
The CSD will hold another eight industrywide tests before January 10, 2006, when the dematerialization of non-JGB bonds is scheduled to start gradually from September 23 to January 8.
Because the dematerialization of non-JGB bonds is a key milestone to the Japanese securities industry, market participants have been carefully making preparations for it. And the above industrywide tests are among the preparations.