ASX 2 day settlement begins

The settlement period for Australian sharemarket trades will be shortened by one day. Settlement
of your trade will be required to occur two business days after the day a trade takes place.
This settlement period will be called T+2 (trade date plus 2 business days). The change to T+2
settlement is proposed to take place for trades conducted on or after Monday 7 March 2016, with
the date to be confirmed by ASX.

This change will affect all financial products traded on a securities market1 in Australia, including
shares, units, bonds, hybrids, CDIs, exchange-traded Australian Government Bonds, exchangetraded
products (including exchange-traded funds), warrants and instalments.


To download the ASX explanatory note (259kb) click on the icon below.