Regulation, Risk & Compliance
Trading, Broking & Stock Exchanges
Uncategorized
Saudi bourse says to have T+2 settlement early 2017
The Capital Market Authority has approved the switch to T+2 settlement "during the first half of 2017", the exchange said in a statement, adding that the reform would deepen the market, improve trading eficiency and reduce risk. At present, trades must be settled on the same day, a practice known…
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