Maudric
← Japanese at Work
W1

Markets and post-trade

Japanese for the securities industry: the exchanges and PTS, orders and execution, margin trading, stock lending, listed derivatives, CCP clearing, margin and collateral, settlement and payment systems, and meetings and regulation.

Free to use. If these lessons help you, you can support new lessons on Patreon.

This course opens on 17 May 2027.

  1. W101The exchange landscapeFrom 17 May 2027JPX, the Tokyo Stock Exchange markets, Osaka, PTS, trading value and the order book.
  2. W102Orders and executionFrom 17 May 2027Orders, fills, trading sessions, units, price limits and tick sizes.
  3. W103Margin tradingFrom 17 May 2027Standardised and negotiable margin trading, customer margin, margin calls and the securities finance company.
  4. W104Stock lending and borrowingFrom 17 May 2027Stock lending, loan transactions and the lending fee.
  5. W105Listed derivativesFrom 17 May 2027Futures and options, Nikkei 225 and TOPIX contracts, contract months, SQ and open interest.
  6. W106Clearing and the CCPFrom 17 May 2027JSCC, novation, netting, clearing participants and default management.
  7. W107Margin and collateralFrom 17 May 2027Initial and variation margin, securities as collateral, haircuts and margin calls.
  8. W108Settlement and paymentsFrom 17 May 2027DVP, settlement cycles, JASDEC, BOJ-NET, the Zengin system and current accounts.
  9. W109Meetings, reports and regulationFrom 17 May 2027The FSA, rules and reporting, audits, and the language of an incident meeting.
  10. W110ReviewFrom 17 May 2027A mixed walking drill.