JASDEC Tests DvP Settlement For Non-Exchange Transactions Successfully

JASDEC held industry wide tests over the weekend just passed of its DVP settlement process for non exchange equity transactions. The tests, which involved the major banks and broker dealers, were completed successfully. DVP settlement for non exchange transactions is

By None

JASDEC held industry-wide tests over the weekend just passed of its DVP settlement process for non-exchange equity transactions. The tests, which involved the major banks and broker-dealers, were completed successfully. DVP settlement for non-exchange transactions is scheduled to start on 17 May 2004.

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