The Postponement of Financial Settlements

التاريخ

Ref. : 2022/10625
Date: 19/12/2022

Memo No.
(63/2022)

Members of SDC of Brokers and Custodians 

Dear General Manager, 

 

Subject: The Postponement of Financial Settlements

Greetings, 
According to the official announcement no. (22) for the year 2022 dated 18/12/2022 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 Sunday 25/12/2022, and on Sunday 01/01/2023.

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
Wednesday 21/12/2022 Sunday 25/12/2022 Monday 26/12/2022
Thursday 22/12/2022 Monday 26/12/2022 Tuesday 27/12/2022
Wednesday 28/12/2022 Sunday 01/01/2023 Monday 02/01/2023
Thursday 29/12/2022 Monday 02/01/2023 Tuesday 03/01/2023

Kind Regards, 

Sarah Tarawneh
Chief Executive Officer

 

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