Tokyo Stock Exchange: Implementation date of abolishment of T+4 settlement and trading suspension for a predetermined period

Tokyo Stock Exchange: Implementation date of abolishment of T+4 settlement and trading suspension for a predetermined period

15/10/09

The Tokyo Stock Exchange (TSE) hereby announces that the implementation date of the abolishment of T+4 settlement and trading suspension for a predetermined period shall be Monday, November 16, 2009 as previously notified on April 1, 2009.

(Note)
The TSE will abolish T+4 settlement and unify the settlement cycle to T+3 settlement for regular transactions of stocks (including foreign stocks), ETFs (including foreign ETFs) and REITs, etc. On the other hand, the settlement of bonds (including convertible bonds and exchangeable corporate bonds) will continue to be handled in the current way (i.e., not subject to unification to T+3 settlement