Japanese CSD JASDEC held industry-wide system tests over the weekend of 13-14 March, ahead of the introduction of DVP settlement of non-exchange traded stock transactions. The launch of the new settlement system is scheduled for 17 May. The banks and securities houses that participated in the tests say they were concluded successfully.
JASDEC Tests Ahead Of Switch To DVP For Non-Exchange Transactions Concluded Successfully
Japanese CSD JASDEC held industry wide system tests over the weekend of 13 14 March, ahead of the introduction of DVP settlement of non exchange traded stock transactions. The launch of the new settlement system is scheduled for 17 May.
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