In order to facilitate the settlement of funds for trades carried out by the Participants through the CSE (inter-Participant settlement), the CDS has appointed commercial banks, licensed under the Banking Act No. 30 of 1988 (as amended), to function as the settlement bank.
A Participant shall open only one account with any one of such settlement banks for the purpose of facilitating the inter-participant settlement of funds For trades executed for equity shares, Security and the fund settlement happens on the second market day after the trade date (T+2) for normal & crossing board transactions and the day after the trade date (T+1) for Buy-In board transactions.
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Media Room
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Decentralization of CDS Account Openings Tuesday February 4, 2020
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CDS Signs MoU with CSDC Thursday November 15, 2018
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CDS Signs MoU with KSD Tuesday November 27, 2018
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CDS Hosts the 22nd ACG Annual General Meeting Monday November 26, 2018
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Important Notice to CDS Account Holders Wednesday September 4, 2024
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CDS Signs MoU with CDC Pakistan Friday September 2, 2016