HOSE: The payment cycle shortened by 9.00 am on T+3

On May 08, 2012, the Hochiminh Stock Exchange received Announcement No.83/TB-UBCK about the implementation of shortening the payment cycle by 9:00 am on Day T+3.

The State Securities Commission will co-operate with the Vietnam Securities Depository to plan to decrease the payment cycle to 9:00 am on Day T+3, instead of 15:30 like the present. The plan will be applied from September 04, 2012.

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