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SOUTH AFRICA - Capital Market Infrastructure Summary

Central Securities Depositories
Strate Pty
Strate

Settlement Cycle
T+3 for Bonds
T+5 for Equities and Warrants
T+0 for Money market

Comment
The equities settlement cycle is set to migrate from T+5 to T+3. The migration date, expected to fall between 25 June and 23 July, will be confirmed after completion of further testing by the Johannesburg Stock Exchange.


Key terms defined in our glossary:

Central Securities Depository
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.