 |
The Tokyo Stock Exchange (TSE)Roughly 80% of all trades in Japan are carried out on the TSE. TSE stocks can be traded in one of two ways: (i) by using FORES, the Floor Order Routing and Execution System, which deals with the 150 most traded stocks, (ii) or by using CORES, the Computer assisted Routing and Execution System, which deals with the remaining stocks. By using these order driven systems, trades are completed on a time priority basis, unless the orders are placed before market opening hours, in which case they are prioritised on a size basis. The Tokyo stock exchange acts as it's own clearing house and trades are settled on a T+3 basis. Dividends are subject to a tax rate of 20% which can be reduced for overseas investors if a doube taxation treaty exists between the relevant national authorities. We want to help you improve your stock market skills. Just click here to watch an excellent
free online stock trading movie
|