The Postponement of Financial Settlements
Ref. : 2333/2024
Date: 20/03/2024
Memo No.
(12/2024)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: The Postponement of Financial Settlements
According to the official announcement no. (3) for the year 2024 dated 17/03/2024 issued by Prime Minister on the occasion of Eid Al-Fiter, please be informed that the Securities Depository Center (SDC) will have a holiday on Tuesday morning 09/04/2024 until Saturday evening 13/04/2024.
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 |
Sunday 07/04/2024 | Tuesday 09/04/2024 | Sunday 14/04/2024 |
Monday 08/04/2024 | Wednesday 10/04/2024 | Monday 15/04/2024 |
Kind Regards,
Sarah Tarawneh
Chief Executive Officer