July 14, 2016 BY Valentina Kirilova

JSE completes first T+3 settlement cycle with no failed or "rolled" trades

The Johannesburg Stock Exchange has settled its first T+3 settlement cycle with no failed or “rolled” trades, thus confirming a successful implementation of the T+3 project. On Monday 11 July, South Africa’s financial markets went live with a shorter three-day settlement cycle, (referred to as T+3) to align the South African market with international best practice…

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