T+2 Settlement Cycle
Dear Valued Customers,
Bursa Malaysia Securities Berhad (Bursa Malaysia) is migrating from a T+3 settlement cycle to a T+2 settlement cycle, effective on Monday, 29 April 2019. The move to a shorter settlement cycle aims to mitigate settlement risks, lower the systematic risks, and improve operational efficiency, as well as to be on par with most of the global market’s settlement cycle.
For more information, please contact the Retail Brokerage Helpdesk at 1300-22-3888 (Toll Free) or +603-79624338 (Overseas). Alternatively, you may choose to e-mail Maybank IB Equities Helpdesk at firstname.lastname@example.org.
Circular from Bursa Malaysia
Media Release by Bursa Malaysia
FAQ on T+2 Settlement Cycle by Bursa Malaysia