The Postponement of Financial Settlements

التاريخ

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

Greetings,

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

 

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