Abstract

One and only book that clear explanation of Japanese government bonds trading, clearing, and settlement rules!
◆Introduces the operations and systems of JSCC, which is the core infrastructure of the financial market.
◆Explains in detail how to respond to a clearing participant's default, stress test methods, etc., which are the core of clearing operations.
◆In addition to Japanese government bond transactions, repo transactions and derivative transactions are also explained. Perfect as an introductory book!

Author’s Information

Japan Securities Clearing Corporation (JSCC) is a clearing house under the umbrella of Japan Exchange Group, Inc. (JPX).
We provide clearing services for exchange transactions (including PTS), over-the-counter (OTC) derivatives transactions (CDS transactions and interest rate swap transactions), and JGB over-the-counter transactions.