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).