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6 Feb 2018
Update : 6 Feb 2018 0 :0

Reduce the period for clearing and settlement of securities transaction as the regulation of Stock Exchange of Thailand


Dear Valued Customer,

      According to the Stock Exchange of Thailand will reduce the period for clearing and settlement of securities transaction from the three business days to two business days (or from T+3 to T+2) starting from March 2nd, 2018 onwards.

     As the shorten settlement cycle to T+2, KT ZMICO has to change the timing for submitting the payment of buyer and receiving the payment of seller via ATS System as below;

  • The company will debit funds for purchasing transaction from the client’s ATS bank account on the due date since 11.30am.
  • For the sales proceeds, the company will credit the funds to the client’s ATS bank account on the due date since 2.15 p.m.

This is effective to Cash Account Type (ATS System) that has the trading transaction since February 7th, 2018 which the settlement date is on February 12th, 2018 onwards. 

Best Regards,

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