Tehran Stock Exchange moves to T+2

Source: Tehran Stock Exchange

The new securities trading settlement cycle will be T+2.

A recent directive by the Iranian capital market regulator (SEO) stipulates that from 4 February 2018, the settlement cycle of Tehran Stock Exchange’s securities trading will reduce to T+2. Currently, shares’ trading at the Exchange is settled within 3 business days.
Contributed | what does this mean?
This content is contributed or sourced from third parties but has been subject to Finextra editorial review.

Comments: (0)