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SETTLEMENT PERIOD
Impunity
#11 Posted : Wednesday, June 01, 2011 9:07:49 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Hope the source is not the Star!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

invest0r
#12 Posted : Thursday, June 02, 2011 9:50:01 AM
Rank: Member

Joined: 12/15/2010
Posts: 162
The link:

http://www.nse.co.ke/newsite/pd...31%2005%202011%20_3_.pdf

Summary:
Settlement cycle reduces from T+4 to T+3
Effective date is 4th July 2011
'This move is in line with international best practice. The efficiency that will come with a shorter settlement cycle will improve liquidity in the market for listed equity securities making our market more attractive to domestic and foreign investors' maneno ya Eddy
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