No, the final securities ownership transfer occurs on the second day after the trading day (T+2). however, turn around trades are allowed provided execution through the same broker in the same cycle.

The SDC issued regulations and procedures to protect members from risks to assure the smooth functioning of the market:

• Settlement cap for market participants commensurate with posted collaterals
• Settlement bank.
• Buy-in & sell-out measures.
• Immediate suspension of trading for defaulting brokers.
• SDC/ASE Tight Coupled Environment.
• Operationally complaint with the recommendations of the Group of Thirty (G30) and best applied standards.
• Setting up Recovery Disaster and Business Continuity Sites.

Yes, Thomas Murray LTD rates central securities depositories based on evaluation of the key areas of the depository's business, internal operations and risks. The SDC rating is A+, which means low risk.

Yes, the SDC is member in the following organizations:

• Association of National Numbering Agencies (ANNA)
• Africa & Middle East Depositories Association (AMEDA)
• Federation of Euro-Asian Stock Exchanges (FEAS)

Based on the SDC’s belief in the importance of supporting and establishing the transparency and disclosure in the JCM and offering information for interested investors which considers solid base to help investors in making correct investment decision. Therefore, the SDC offers the following information periodically updated its website:

Currently, the SDC doesn’t distribute cash dividends or General Meeting Notices or Annual Reports to shareholders since it is the responsibility of the public shareholding companies. However, the SDC could provide these services on behalf of the concerned party according to an agreement.

The SDC doesn't offer this facility currently.

The SDC conducts clearing between buying brokers and selling brokers and the market. Thus, the net rights and obligations of each of the trading parties arising from trading contracts executed in T+0 are calculated, but financial settlements are based on multilateral netting.

Yes, the Securities Depository Center (SDC) and in cooperation with the Amman Stock Exchange (ASE) completed the procedures of electronic link between SDC's systems and trading system at the ASE on Sunday, March 22, 2009 through implementing an electronic system called Central Control Module (CCM) that is feed with SDC's data in order to control trading and reduce risks related to trade's transactions that in turn positively reflected on clearing and settlement process at the SDC and reduce risks in the Jordan Capital Market.