You are here

SGX: T+2 is not the end of contra trading

Trading tech vendor says settlement will be devolved to individual broking firms

327017689888.jpg
The Singapore Exchange (SGX) remains on track to shift from a T+3 settlement period to T+2 - possibly by 2016 - but when it does, it does not mean the end of "contra" trading - PHOTO: SPH

[SINGAPORE] The Singapore Exchange (SGX) remains on track to shift from a T+3 settlement period to T+2 - possibly by 2016 - but when it does, it does not mean the end of "contra" trading.More importantly, the industry could eventually see settlement decentralised to individual broking houses,

sentifi.com

Market voices on:

Powered by GET.comGetCom