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Japan Securities Clearing Corporation
Japan Securities Clearing Corporation (JSCC) is a Clearing house (finance), clearing house and financial services company that Clearing (finance), clears transactions for the Japanese securities market and commodity market controlled by the Japan Exchange Group, of which it is a subsidiary. JSCC was founded in 2002 and provides services to security or commodity holders, brokers, or dealers. Overview JSCC was founded in 2002 by five Japanese exchanges (Tokyo Stock Exchange, Osaka Securities Exchange (now Osaka Exchange), Nagoya Stock Exchange, , Fukuoka Stock Exchange) and the , and commenced operations in January 2003. It merged with Japan Commodity Clearing House Co., Ltd. (JCCH) owned by Tokyo Commodity Exchange on July 27, 2020. In association with the merger with JCCH, JSCC launched the clearing service related to the listed commodity derivative transactions on Osaka Exchange, Tokyo Commodity Exchange, and Osaka Dojima Commodity Exchange (now Osaka Dojima Exchange). See also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tokyo Commodity Exchange
The , or TOCOM, is an energy exchange in Tokyo, Japan. TOCOM is operated by , a wholly owned subsidiary of Japan Exchange Group (JPX). Under the of Japan, It is a licensed commodity exchange operator that provides market facilities for trading of commodity derivatives, physical commodities and commodity price index futures. TOCOM once operated electronic markets for precious metals, oil, rubber and soft commodities. It offered futures and options contracts for precious metals (gold, silver, platinum and palladium); energy (crude oil, gasoline, kerosene and gas oil); natural rubber and agricultural products (soybeans, corn and azuki). JPX acquired TOCOM in 2019 and transferred these exchange-traded derivatives markets except energy derivatives markets to the Osaka Exchange in 2020, which became Japan's largest and one of Asia's most prominent derivatives exchanges. Today, TOCOM is the only Japanese exchange that offers energy commodities futures on gasoline, kerose ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 2002
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Clearing House
LCH (originally London Clearing House) is a financial market infrastructure company headquartered in London that provides clearing services to major international exchanges and to a range of OTC markets. The LCH Group includes two main entities: LCH Limited based in London and LCH SA based in Paris (formally ''Banque Centrale de Compensation SA'', also known from 1999 to 2003 as Clearnet then until 2016 as LCH.Clearnet). LCH cleared approximately 50% of the global interest rate swap market, and was the second largest clearer of bonds and repos in the world, providing services across 13 government debt markets. In addition, LCH clears a broad range of asset classes including: commodities, securities, exchange traded derivatives, credit default swaps, energy contracts, freight derivatives, interest rate swaps, foreign exchange and Euro and Sterling denominated bonds and repos. LCH's members comprise many of the major global financial institutions including almost all of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurex
Eurex Exchange is a German derivatives exchange which primarily offers trading in European based derivatives. The products traded on this exchange vary from German and Swiss debt instruments to European stocks and various stock indexes. All transactions executed on Eurex Exchange are cleared through Eurex Clearing, which functions as a central counterparty (CCP) for multi-asset class clearing of the above-mentioned exchange-traded product range as well as over-the-counter traded products. , in the Futures Industry Association’s annual survey, Eurex Exchange was ranked as the world's third-largest derivatives exchange by contract volume. The Exchange is headquartered in Eschborn, Germany, near Frankfurt am Main, and it is operated by Eurex Frankfurt AG and Eurex Zürich AG, which are public companies wholly owned by the German stock exchange operator Deutsche Börse AG. History In the 1990s, Europe went through a power shift in its financial sector. London (LIFFE, London F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Depository Trust & Clearing Corporation
The Depository Trust & Clearing Corporation (DTCC) is an American financial market infrastructure company that provides clearing, settlement and trade reporting services to financial market participants. It performs the exchange of securities on behalf of buyers and sellers and functions as a central securities depository by providing central custody of securities. DTCC was established in 1999 as a holding company to combine the Depository Trust Company (DTC) and National Securities Clearing Corporation (NSCC). User-owned and directed, it automates, centralizes, standardizes, and streamlines processes in the capital markets. Through its subsidiaries, DTCC provides clearance, settlement, and information services for equities, corporate and municipal bonds, unit investment trusts, government and mortgage-backed securities, money market instruments, and over-the-counter derivatives. It also manages transactions between mutual funds and insurance carriers and their respective ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Osaka Dojima Exchange
Summary Osaka Dojima Exchange, Inc. (ODEX) is a Japanese corporation that operates a listed derivatives exchange that follows the tradition of the Osaka Dojima Rice Exchange of the Edo period. Formerly "Mutually Owned Commodity Exchange"under thCommodity Futures Act the company was reorganized as a Joint-stock company, joint stock company on April 1, 2021, and became aStock Company Operated Commodity Exchange" under the same law. The Osaka Grain Exchange (the parent of this exchange) was established in Awaza, Nishi-ku, Osaka City, in the tradition of the former Osaka Dojima Rice Exchange, led by Osaka merchants of rice, miscellaneous grains, etc. Osaka's Dojima Exchange takes pride in being the birthplace of futures trading. As of August 1, 2005, it was organized by 68 members in the agricultural products market, 52 in the agricultural products and feed index market, 46 in the marine products market, 36 in the sugar market, and 18 in the cocoon yarn market. Members included ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fukuoka Stock Exchange
Fukuoka Stock Exchange (FSE) is a stock exchange located in Fukuoka, Japan. It operates Q-Board, a special market for new companies. In August 2000, the exchange closed its trading floor and adopted the electronic trading system of Tokyo Stock Exchange. In January 2002, FSE reached an agreement with the four other Japanese stock exchanges and Japan Securities Dealers Association, JSDA to establish Japan Securities Clearing Corporation (JSCC). See also * List of East Asian stock exchanges * List of stock exchanges A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but ... References External links Official website Stock exchanges in Japan Companies based in Fukuoka Prefecture Financial services companies established in 1949 Japanese companies established in 1949 Fukuoka { ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clearing House (finance)
A clearing house, often written as ''clearinghouse'', is a financial institution formed to facilitate the exchange (i.e., '' clearance'') of payments, securities, or derivatives transactions. The clearing house stands between two clearing firms (also known as member firms or participants). Its purpose is to reduce the risk of a member firm failing to honor its trade settlement obligations. A clearing house provides emergency lending and assists banks when they need help. Description After the legally binding agreement (i.e., ''execution'') of a trade between a buyer and a seller, the role of the clearing house is to centralize and standardize all of the steps leading up to the payment (i.e., '' settlement'') of the transaction. The purpose is to reduce the cost, settlement risk and operational risk of clearing and settling multiple transactions among multiple parties. In addition to the above services, central counterparty clearing (CCP) takes on counterparty risk by stepping ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nagoya Stock Exchange
Nagoya Stock Exchange (名古屋証券取引所 ''Nagoya Shōken Torihikijo'', NSE) is a stock trading market in Nagoya, Japan. It is Japan's second largest exchange, behind the Tokyo Stock Exchange. It is operated by Nagoya Stock Exchange, Inc. (株式会社名古屋証券取引所). History The Nagoya Stock Exchange (NSE) is the successor to the Nagoya Stock Exchange Co. Ltd., which was founded in 1886. It was founded in 1949 as a corporation with securities companies as members under the terms of the Securities and Exchange Law. In 2002, Nagoya Stock Exchange, Inc. was established after demutualization of NSE. The Nagoya Stock Exchange is a stock corporation that provides an Exchange Securities Market under authorization of the Prime Minister. Overview The Nagoya Stock Exchange is one of the regional stock exchanges in Japan, together with the Fukuoka Stock Exchange and the Sapporo Securities Exchange. It is also known as ''Isemachi'', after the name of the street on whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Osaka Exchange
, renamed from , is the largest derivatives exchange in Japan, in terms of amount of business handled. , the Osaka Securities Exchange had 477 listed companies with a combined market capitalization of $212 billion. The Nikkei 225 Futures, introduced at the Osaka Securities Exchange in 1988, is now an internationally recognized futures index. In contrast to the Tokyo Stock Exchange, which mainly deals in spot trading, the Osaka Securities Exchange's strength is in derivative products. The OSE is the leading Derivatives Exchange in Japan and it was the largest futures market in the world in 1990 and 1991. According to statistics from 2003, the Osaka Securities Exchange handled 59% of the stock price index futures market in Japan, and almost 100% of trading in the options market. Osaka Securities Exchange Co., which listed on its Hercules market for startups in April 2004 is the only Japanese securities exchange which went public on its own market. History The birthplace for fu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
