DBS Vickers Online Trading
New Securities Settlement Framework
SGX is implementing new changes to its securities settlement and clearing processes starting from 10 December.
The new SGX framework includes the following changes:
- SGX trade settlement cycle will be shortened from T+3 to T+2.
- Trades will be settled on delivery-vs-payment (DVP) basis by simultaneous transfer of securities on settlement date.
- New cash settlement procedure for failed delivery in the market.
For more information, please refer to our FAQ here and SGX Publications.