Question/Reponse
WHAT IS THE SETTLEMENT PERIOD FOR STOCK MARKET TRANSACTIONS?
The maximum settlement period for stock market transactions on the regional financial market is three (3) days.
The Central Depositary/Settlement Bank is responsible for the custody and circulation of dematerialized securities in the WAMU zone. It acts on behalf of both issuers and intermediaries. It acts as a settlement bank and may hold cash balances on behalf of traders.