TA Securities Bhd and Botly Securities Sdn Bhd, two subsidiaries of TA Enterprise Bhd, have introduced a longer settlement period of T+6 that would be free of interest and contra charges for their clients of share margin accounts.
Both companies said the T+6 settlement facility for share margin clients, subject to certain conditions, would provide savings in the form of transactional charges to customers trading shares and opportunity to make better returns through a longer trading period.
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