Sapporo Securities Exchange

This review provides detailed eligible market due diligence for Sapporo Securities Exchange.

Sapporo Securities Exchange is located in Japan and is regulated by the The Securities and Exchange Surveillance Commission (SESC).

This review will allow users to establish if a market is UCITS eligible and whether Sapporo Securities Exchange is regulated, operates regularly, and is open to the public.

Exchange Reviews

Included within the due diligence review is information on:

General Country Information

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    Is the Japanese Yen (JPY) freely convertible?
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    Is Japan an OECD or FATF member country?
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    What is the corruption score for Japan?
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    Ease of repatriation of capital.

Market Regulations

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    Is The Securities and Exchange Surveillance Commission (SESC). a statutory body?
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    What complaints mechanisms are in place?
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    Market Surveillance.

Listing Rules

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    What are the capital requirements for companies listed on Sapporo Securities Exchange?
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    Do companies listed on SSE have to publish a prospectus and audited annual financial statements?
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    Does Sapporo Securities Exchange have the power to delist securities?

Broker and Member Rules

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    How are brokers supervised on Sapporo Securities Exchange?
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    Does SSE have a guarantee fund?
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    What sanctions can be imposed on brokers?
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    What are the capital requirements for brokers on SSE?

Market Transparency & Trading

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    What are the trading hours for Sapporo Securities Exchange?
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    What instruments are listed on SSE?
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    Is there daily market information available?

Clearing and Settlement

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    What is the settlement cycle on Sapporo Securities Exchange? (e.g T+2, T+3, T+4)
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    What is the settlement method on SSE? (DVP, FOP)
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    Is there a Central Counterparty?
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    Are securities dematerialized?
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    RTGS v Netting?
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    How are securities registered?

Liquidity

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    No. of Listed Securities
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    Market Capitalisation
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    Market Concentration
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    Market Trading
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    Share Turnover Velocity
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    Trades Per Day

Key Risks

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    What are the key risks of the market?
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