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Home » Latest Notice » Revision of US Trade Settlement Cycle to T+2
Revision of US Trade Settlement Cycle to T+2

Dear valued i*Trade@CIMB customers,


In light of the recent rule amendment by the Securities and Exchanges Commission, the trade settlement cycle for US markets will be revised from three business days (T+3) to two business days (T+2) with effect from 5 September 2017.

 

The shortened settlement cycle aims to reduce credit, market and liquidity risks, promote financial stability, and align the US Stock Exchanges with other T+2 settlement markets globally.

 

For more information, please click on this link. https://www.sec.gov/news/press-release/2017-68-0.

 

Alternatively, you may contact your Dealer’s Representative or Authorised Officer of CIMB Bank Berhad for further assistance. 

 

Thank you for your continuous support.
 

 

Happy Trading!

 

Yours sincerely,

 


CIMB Investment Bank Berhad (18417-M) 
(A Participating Organisation of Bursa Malaysia Securities Berhad)

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