23 Apr 2019

Bursa Malaysia to launch T+2 settlement cycle on 29 April 2019

 
 

With this change, please note that all transactions on Bursa will be brought forward by one day i.e. trades will be due on T+2 instead of T+3. Visit Bursa website for more details.

Illustration:

Trade Date Settlement Date Settlement Cycle
26 Apr 2019 02 May 2019* T+3 (i.e. 3 business days after the trade date)
29 Apr 2019 02 May 2019* T+2 (i.e. 2 business days after the trade date)

*01 May 2019 is a public holiday

To view contract note & settlement date

You can view the contract note on next business day by logging in to your UTRADE account, select “Account Management” and go to “Outstanding Position” page. Alternatively, if you have enrolled for E-statement, you can check your E-contract under “Portfolio” tab on the next business day after 6pm.

   
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