Settlement Processs

The settlement period varies with the category of shares.

Stock Category

Public Market

Block Market (DVP)

Spot Market

Spot Market (DVP)

 

Buy

Sell

Buy/Sell

Buy

Sell

Buy/Sell

A

T+2

T+1

T+0 to T+5

T+1

T+0

T+0 to T+1

B

T+2

T+1

T+0 to T+5

T+1

T+0

T+0 to T+1

G

T+2

T+1

T+0 to T+5

T+1

T+0

T+0 to T+1

N

T+2

T+1

T+0 to T+5

T+1

T+0

T+0 to T+1

Z

T+9

T+1

T+0 to T+5

T+1

T+0

T+0 to T+1

 

However, when a stock is traded in the spot market, the settlement period is T+0 day for all categories of share. The settlement process is done mutually by the brokerage house (UniCap Securities Limited) and the custodian bank at DVP (Delivery VS Payment).