Jasdaq Securities Exchange, Inc. (Osaka Securities Exchange)

www.jasdaq.co.jp

Tel: 81 3 3669 1450

Fax: 81 3 3669 3305

 

Representatives

President and CEO : Mr. Takashi Tsutsui

Head of International Relations : Ms. Satoko Yamazaki

 

Types of Securities Traded Name of Trading Systems (cash and derivatives) Trading Hours
Cash products/ Regular Transactions
Domestic Stocks Jasdaq system 9:00 - 11:00
12:30 - 15:00
Foreign Stocks Jasdaq system 9:00 - 11:00
12:30 - 15:00
Classified Stocks Jasdaq system 9:00 - 11:00
12:30 - 15:00
REITs (Real estate Investment Trust) Jasdaq system 9:00 - 11:00
12:30 - 15:00
Convertible Bonds Jasdaq system 9:00 - 11:00
12:30 - 15:00
Offhour Transaction
Domestic Stocks Jasdaq system 8:20 - 9:00 &
11:00 - 12:00 &
15:00 - 16:30
Foreign Stocks Jasdaq system 8:20 - 9:00 &
11:00 - 12:00 &
15:00 - 16:30
Classified Stocks Jasdaq system 8:20 - 9:00 &
11:00 - 12:00 &
15:00 - 16:30
REITs (Real estate Investment Trust) Jasdaq system 8:20 - 9:00 &
11:00 - 12:00 &
15:00 - 16:30
Convertible Bonds Jasdaq system 8:20 - 9:00 &
11:00 - 12:00 &
15:00 - 16:30

 

Supervisory Body

Financial Services Agency

Name of Clearing & Settlement Organization

Japan Securities Clearing Corp. (JSCC)

Settlement Cycle

T + 3

Name of Central Securities Depository

Japan Securities Depository Center (JASDEC)

Commissions on Transactions levied by Exchange

1.Trading fees (based on total value of trades)

¥500 million or less: 0

¥500 million < MTV≤ ¥10 billion:
Standard rate x 0.9

¥10 billion < MTV ≤ ¥100 brillion:
Standard rate x 1.0

¥100brillion < MTV ≤ ¥150 brillion:
Standard rate x 0.8

More than ¥150brillion:
Standard rate x 0.7

*1 MTV:Monthly trading value

*2 Standard rate is calculated using formula below:
(1) MTV ≤ ¥1trillion
2.4 ÷ 10000
(2) MTV >¥1trillion
  {(¥1trillion x 2.4÷10000)+(MTV - ¥1trillion) x1.5 ÷ 10000 } ÷ MTV

Taxes on Dividends, Interests

Individual
Until March 31, 2008

10 % tax withheld at source
(Declaration of tax not required)

7 % Income Tax, 3 % Inhabitant Tax

<For period April 1, 2008 and after>

20 % tax withheld at source
(Declaration of tax not required)
comprising of 15 % Income tax and
5 % Inhabitant Tax.

Corporation :
50 % of the total amount of dividend received is not taxable.

2007 Share ownership thresholds (%)

NA

Short selling (Yes / No)

NA

Short selling conditions (if any)

NA
 

This page was last updated on: 11/27/2012 - 11:53