Two-day stock settlement set to boost liquidity


Astramina Advisory MD Wong Muh Rong (left). Ian Yoong, former investment banker and private equity investor.

BURSA Malaysia plans to shorten the trade settlement period to only two days (T+2) from three days, a move that is in line with practices in many major markets.

Under this plan, investors who buy shares through contra trading would need to settle stock trades on the local bourse in two working days compared with three days currently.

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Business , Settlement

   

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