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SGX moves to T+2 securities settlement cycle starting Dec 10

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The Singapore Exchange (SGX) will launch a new securities settlement and depository framework and system on Dec 10, which will reduce settlement cycles from three to two days (T+2) and enable simultaneous settlement of money and securities.

Singapore

THE Singapore Exchange (SGX) will launch a new securities settlement and depository framework and system on Dec 10, which will reduce settlement cycles from three to two days (T+2) and enable simultaneous settlement of money and securities.

In a press release on Tuesday,

sentifi.com

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