MALAYSIA’S extended contra period for stock settlement, which started off with T+7 some two decades ago, will now be further shortened to a T+2 settlement cycle from T+3.
(The abbreviations T+7, and T+2 refer to the settlement dates of security transactions that occur on a transaction date plus seven days and plus two days respectively. T is the transaction date.)
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!