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JSE plans to shorten settlement of equities – Business Day

JSE plans to shorten settlement of equities – Business Day

The JSE plans to launch a shorter settlement cycle for equities trading on Monday, bringing it in line with other exchanges around the world. Equities orders will take three days to settle after execution on the JSE’s new T+3 system, bringing it in line with the US equities market ¬†Satish Gosai comments.
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