Wednesday October 1 2025

News Source: Global Exchanges

Focus: Clearing & Settlement

Type: General

Country: Zambia

Link: https://tinyurl.com/3x9nnxs9




On 26th September 2025, the Lusaka Clearing and Settlement Agency (LCSA), a subsidiary of the Lusaka Securities Exchange (LuSE) proposedĀ amendment to the Central Securities Depository (CSD) Rules to shorten the domestic equity settlement cycle from T+3 to T+1. Under this proposal, all domestic trades will settle on a T+1 basis, while international trades will continue to settle on a T+3 basis.

The move to shorten the settlement cycle is aimed at enhancing market efficiency under the Delivery versus Payment (DvP) framework. It will:

  • Improve liquidity in the market
  • Align LuSE with global best practices
  • Facilitate faster settlement, potentially boosting market participation, turnover, and traded volumes
  • Support the demand for higher service standards while leveraging modern market technologies

Click on the above link for further information.