Overcoming the aforementioned problems is a prerequisite to making the yen more usable and reliable internationally, enhancing its integrity. This is an extremely important step in accomplishing further development of the Japanese economy by utilizing the world’s capital and innovative management techniques.
Furthermore, by interposing themselves between trading counterparties, infrastructures can reduce the interconnectedness between major financial institutions and the associated contagion risks. Therefore, it might not be a surprise that market infrastructures have been soundly withstanding the storm of the financial crisis.