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How does JASDEC operate
Eligible Securities
Deposit
Custody
Book-Entry Transfers
Withdrawal
Rights Processing


Deposit
Participant firms using JASDEC consign the custody of JASDEC-eligible securities they own themselves as well as those held on behalf of their customers.


Participant firms open an account at JASDEC and deposit the certificates they wish to consign. Such firms include securities companies, banks, trust banks, insurance companies, securities finance companies and stock exchanges. As of the end of July 2007, the number of participants stood at 287.

Customers of participant firms do not consign certificates directly to JASDEC. Instead, they utilize JASDEC's services through the accounts they establish at participant firms.



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