VnExpress News The News Gateway of Vietnam
The stock settlement cycle is set to be shortened by four hours, enabling investors to receive their share or money on the second morning after a transaction.
Thus, from August 29, they will get them at 11-11:30 a.m on the second day (T+2) instead of the current 3:30-4 p.m.
Now they have to wait until the next morning to sell securities they buy since trading ends at 2:45 p.m.
Depository participants must transfer money and stocks to customers before 1:00 p.m and report to the Vietnam Securities Depository before 4:30 p.m.
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