News

20 November 2018

Amendment of the Standard Settlement Cycle for Singapore Securities Market

Dear Valued Customers,

 

Amendment of the Standard Settlement Cycle for Singapore Securities Market

 

The Singapore Exchange (SGX) will adopt an amendment to shorten the standard settlement cycle of three business days (T+3) to two business days (T+2) starting from 10-December-2018.

 

Your trading method will remain unchanged. However, please be reminded that the T+2 settlement cycle will be effective on transactions made on 10-December-2018.

 

For more details: http://www.sgx.com/wps/wcm/connect/sgx_en/home/higlights/news_releases/sgx_launches_new_securities_settlement_and_depository_system_t2_securities_settlement_cycle_from_10_december

 

If you have any enquiries regarding this amendment, please contact us on (852) 22379338 / (86) 400 818 0338 or email csi-callcentre@citics.com.hk.

 

Yours faithfully,

CITIC Securities Brokerage (HK) Limited