Tag: #T1Settlement
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SEC: T+1 SETTLEMENT TO CUT FAILED TRADES, BOOST NIGERIAN MARKET STABILITY
The Securities and Exchange Commission (SEC) says Nigeria’s planned shift to the T+1 settlement cycle will help reduce failed trades and strengthen stability in the capital market. According to SEC Director-General, Dr Emomotimi Agama, the new system will shorten the time between trade execution and settlement, allowing investors to receive their funds faster and improving…
