SEC sets 5pm cutoff for T+1 equities, commodities trade
AI Summary
Nigeria's Securities and Exchange Commission has set a 5 pm cutoff time for T+1 settlement of equities and commodities trades, aimed at improving market efficiency and reducing settlement risk. This move modernizes the financial trading infrastructure.
Nigeria’s SEC has set a 5pm T+1 settlement deadline for equities and commodities, enhancing market efficiency and reducing risk. Learn about the new SEC T+ Read More: https://punchng.com/sec-sets-5pm-cutoff-for-t1-equities-commodities-trade/
Markets Commodities Nigeria SEC T+1 settlement equities trading commodities trading market regulation