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FIJI - Capital Market Infrastructure Summary

Settlement Cycle
T+8

Comment
The South Pacific Stock Exchange (SPSE), formerly the Suva Stock Exchange, is currently the only licensed securities exchange in the Fiji Islands. The SPSE Central ShareRegistry, a subsidiary of SPSE, provides central registration and securities transfer services. Establishment of the Central Share Registry is a step towards the development of a sound capital market in the Fiji Islands and also across all South Pacific Island Nations. SPSE anticipates it serving to increase efficiency in the trading of stocks on the market, allowing the settlement time-frame to be reduced from T+8 to T


Key terms defined in our glossary:

Settlement Cycle

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.