Nigerian capital market will officially transition to a T+2 settlement cycle for equities transactions from Friday, November 28.
The move from a T+3 to a T+2 settlement cycle effective Friday is designed to align with global best practices and enhance market efficiency. This market-wide upgrade is aimed at delivering a faster and more seamless trading experience for investors.
What is T+2 settlement cycle?
It is the settlement cycle where the completion of a securities trade, including the transfer of ownership and payment, occurs
Nigerian capital market will officially transition to a T+2 settlement cycle for equities transactions from Friday, November 28.
The move from a T+3 to a T+2 settlement cycle effective Friday is designed to align with global best practices and enhance market efficiency. This market-wide upgrade is aimed at delivering a faster and more seamless trading experience for investors.
What is T+2 settlement cycle?
It is the settlement cycle where the completion of a securities trade, including the transfer of ownership and payment, occurs
