| SETTLEMENT TIME-FRAMES : South Africa |
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| Instrument type | Equities |
| ... what is the standard settlement period? | T+5 |
| ... what is the alternative settlement period (if any)? | T+0 |
| Instrument type | |
| ... what is the standard settlement period? | |
| ... what is the alternative settlement period (if any)? | T+3 |
| Further information on settlement time-frames | All settlement is contractual on standard T+5 basis. Alternative is T+0 should any party wish to trade out of a position which is a potential failure. T+0 would be an exceptional circumstance where one party may be short on a position - could trade for same day settlement to prevent failure. |
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