Tuesday September 15 2026
News Source: Global Exchanges
Focus: Clearing & Settlement
Type: General
Country: Cyprus
On 11th September 2026, Cyprus Stock Exchange (CSE) announced that, further to its earlier Circular No. 07-2026/04-2026 dated 5 June 2026 regarding the shortening of the settlement period for transactions to one working day from the trade date (T+1), a number of changes will be implemented in the Central Securities Depository and Central Registry (CSD) system.
These changes are aimed at facilitating the automation of the actions of Members/Participants, such as:
- Enactment of tolerance for Stock_EX transactions,
- Extension of the registration and matching hours for OTC / Special Settlement Orders (Stock_EX),
- Introduction of two new optional identification fields for OTC / Stock_EX
- Improvement of functionality in existing buy/sell analysis screens,
- Updating of sub-account balance in the CSD when its balance in Target increases during an open cycle,
- Replacement of existing Special Intermediary Account mechanism with a new cost-effective mechanism using only the Intermediary’s OWN Account and “OTC”,
- New Intraday trade management functionality.
These functionalities have already been implemented in the CSD test environment.
Click on the above link for further information
