TOKYO, Oct. 24 KyodoThe Japan Securities Dealers Association (JSDA) is considering
revising its ...

1. Brokerage organization to revise policies on online trading.
TOKYO, Oct. 24 Kyodo
The Japan Securities Dealers Association (JSDA) is considering
revising its policies on online trading, requiring, for example, that
brokerages provide detailed product information to customers,
association sources said Tuesday.
The move is prompted by increasing trouble related to online
trading that the organization was unable to foresee when it set up the
industry policies on online trading in September last year, the sources
said.
The JSDA will conduct surveys on brokerage firms and aim http://trading-robot.weebly.com/ for a
comprehensive revision of the policies as soon as possible, the sources
said.
The revision will include requiring brokerages to give customers
detailed information on products and services and recommending that
brokerages http://www.dailyforex.com/ release information on their operations over the Internet.
The JSDA will also consider strengthening its policies on actual
online trading itself, converting the policies to rules to give them
more binding power, the sources said.
The revised policies are intended to prevent trouble emerging from

2. online trading and to urge appropriate responses to
mishaps related to
computer breakdowns.
The deregulation of trading commission fees has
encouraged many
brokerages, as well as companies as in other
industries, to enter the
online business. The number of companies providing online trading
services totaled 64 as of the end of September, roughly double the
number in the past year.
The number of online trading accounts has also risen by about four
times to roughly 1.32 million in a year.
COPYRIGHT 2000 Kyodo News International, Inc.
No portion of this article can be reproduced without the express written permission from the
copyright holder.
Copyright http://trading-robot.weebly.com/ 2000 Gale, Cengage Learning. All rights reserved.
http://www.thefreelibrary.com/Brokerage+organization+to+revise+policies+on+online+trading.-a0
66937307