The Postponement of Financial Settlements

التاريخ

Ref. : 8/11/6239
Date: 23/12/2019 

Memo No.
(72/2019)

Members of SDC of Brokers and Custodians 

Dear General Manager, 

 

Subject: The Postponement of Financial Settlements

Greetings, 
According to the official announcement no. (21) for the year 2019 dated 18/12/2019 issued by Prime Minister on the occasion of Christmas  and New Year, please be informed that the Securities Depository Center (SDC) will have a holiday on Wednesday 25/12/2019, and on Wednesday 01/01/2020.
 

Therefore, the settlement cycle (T+2), the SDC will postpone the financial settlements dates for the traded securities (shares) for trades executed at the Amman Stock Exchange (ASE)  according to the following: 

Trade Date Original Settlement Date Postponed Settlement Date
Monday 23/12/2019 Wednesday 25/12/2019 Thursday 26/12/2019
Tuesday 24/12/2019 Thursday 26/12/2019 Sunday 29/12/2019
Monday 30/12/2019 Wednesday 01/01/2020 Thursday 02/01/2020
Tuesday 31/12/2019 Thursday 02/01/2020 Sunday 05/01/2020

Kind Regards, 

Khalil Naser

Chief Executive Officer

 

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