SRI LANKA: CSE Announces Amendments to the Trading Rules

Monday June 3 2024

On 31^st May 2024, the Colombo Stock Exchange (CSE) announced amendments to the trading rules to Facilitate the Shortening of the Settlement Cycle.

Rule 11.1 of Trading Rules of the CSE has been amended to facilitate the shortening of the settlement cycle from T+3 to T+2 for all equity transactions carried out on the Automated Trading System of the CSE. The revised Rules are effective from 10^th June 2024 (trades executes from 10^th June 2024).

Further, the timing of the Buy-In Board sessions will also be changed with effect from 10^th June 2024. The Buy-In Board will be operated from 2.15 P.M. to 2.56 P.M. on each regular market day.

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