Japan Securities Depository Center (JASDEC)

Wiki route

This entry sits under securities index. Read it with financial instruments business operators japan index for adjacent context and JapanFG index for the broader system boundary.

TL;DR

JASDEC is Japan’s central securities depository for most dematerialized securities other than JGBs. Its official site describes it as the only domestic company providing comprehensive securities settlement infrastructure except government bonds, designated as a book-entry transfer institution by the Financial Services Agency and Ministry of Justice.

For FinWiki, JASDEC is the settlement / book-entry rail behind listed shares, corporate bonds, municipal bonds, commercial paper, investment trusts, matching, and DVP settlement.

System Map

Service Map

Strategic Reading

JASDEC is easy to miss because it is not consumer-facing. It becomes central when analyzing:

• where broker-held shares are recorded;
• how settlement risk is reduced via JSCC central counterparty layering;
• how corporate actions flow through the system into venues such as TSE and ODX;
• why digital securities and security-token markets need clear links to existing CSD infrastructure or a parallel settlement model (compare with the Progmat tokenization platform on the securities INDEX side).

Related

• tokyo-stock-exchange
• japan-securities-clearing-corp
• osaka-digital-exchange
• japan-third-party-allotment-5-step-flow
• japan-listed-company-disclosure-monitoring

Sources

• JASDEC: About JASDEC.
• JASDEC: Company Outline.