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.