Japan Financial Market Simulator Suite TSE, JASDEC, JSCC & BOJ-NET
Complete, zero-dependency local simulation of Japan’s institutional equities and post-trade ecosystem. Test TSE arrowhead 4.0 execution, ToSTNeT off-auction crossing, JASDEC PSMS ISO 20022 pre-settlement matching, JSCC netting, CSD book-entry transfers, and BOJ-NET JPY central bank RTGS.
Integrated Japanese Market Engines & Port Bindings
Every engine binds to a dedicated loopback port in RAM. Zero database, zero Docker daemon, and zero external network access required.
TSE arrowhead 4.0 Engine
Simulates Tokyo Stock Exchange continuous auction matching, tick size tables, market orders, limit orders, and the new 15:30 closing auction with live paired/imbalance order feed.
ToSTNeT-1/2 Crossing Engine
Simulates JPX Tokyo Stock Exchange off-auction crossing: single-stock bilateral crosses (ToSTNeT-1) and multi-stock VWAP portfolio baskets (ToSTNeT-2) with configurable clearing routes.
JASDEC PSMS Hub
Pre-settlement Matching System for institutional affirmations. Validates ISO 20022 sese.023 settlement instructions and emits sese.024 MTCH affirmations with 10% consumption tax validation.
JSCC Multilateral Clearing
Japan Securities Clearing Corporation multilateral netting and Continuous Net Settlement (CNS). Calculates net securities obligations, net JPY cash direction, and historical VaR initial margin.
JASDEC Depository (CSD)
Japan Securities Depository Center subregister book-entry transfers across 21-digit participant account topologies. Full support for IPPAN (general), TOKUTEI (special withholding), NISA, and PLEDGED accounts.
Bank of Japan (BOJ-NET)
BOJ-NET Financial Network System central bank JPY real-time gross settlement. Processes ISO 20022 pacs.009 interbank credit transfers, validates liquidity, and emits pacs.002 settlement receipts.
PTS Trading Venues (Cboe & Japannext)
Proprietary Trading System execution venues for Japanese equities. Simulates Cboe Japan (Chi-X) and Japannext (J-Market/X-Market) sub-tick pricing and JSCC post-trade novation.
Engineered to Match Real Japanese Market Rules
High-fidelity simulation requires strict enforcement of domestic Japanese statutory frameworks and operational conventions.
Strict Integer JPY Arithmetic
Japanese Yen carries zero minor currency units. Aegis strictly enforces non-decimal integer arithmetic across all order quantities, gross trade amounts, JSCC netting settlements, and BOJ-NET wire transfers.
Short Sale Regulation (SSR) & Uptick Rule
Enforces Cabinet Office Ordinance on Securities Transactions. Detects 10% price drops from previous close to trigger the SSR uptick restriction, requiring short orders to be executed above current market price.
FIEA Article 43-2 Asset Segregation
Simulates statutory customer asset segregation (bunbetsu kanri). Automatically calculates the required trust amount (shintaku hitsuyo gaku) and verifies daily balance compliance with domestic trust banks.
Verify Your Local Japanese Suite in 30 Seconds
Spin up the standalone JAR and probe all 7 Tokyo rail health checks with curl:
Ready to Test Your Systems Against the Tokyo Market?
License the standalone Japan Suite v1.0.0 fat JAR today or request an enterprise pilot evaluation.