JSCC CCP To Clear Tokyo Stock Exchange Derivative As Well As Cash Instruments

The Japan Securities Clearing Corporation (JSCC) has extended its clearing services for the Tokyo Stock Exchange (TSE) to include all TSE-listed derivative instruments such as Japanese Government Bond (JGB) futures and options and Tokyo Stock Price Index (TOPIX) futures and options. JSCC already offers a clearing service for cash products. It is expected that local exchange products will be added to the clearing services offered by the JSCC.