T+3 for selling transaction
Transaction date (T)
Monday |
T+1
Tuesday |
T+2
Wednesday |
T+3
Thursday |
| Sold 100 units of B Bhd shares |
|
The last day to credit CDS account with B Bhd shares before 12.30pm |
Receive sales cheque after 12.30pm |
Non-market days
In calculating T+3, you must take into account weekends and public holidays because these are “non-market days” when the Exchange will be closed. Therefore, if your transaction is on a Friday or the eve of a public holiday, the calculation of T+3 will not include these non-market days.
For example if you transact on Friday, the T+3 will be the following Wednesday.
Transaction day (T)
Friday
|
Non market day
Saturday
|
Non
Market
day
Sunday
|
T+1
Monday
|
T+2
Tuesday
|
T+3
Wednesday
|
Saturday and Sunday are predetermined non-market days but for other non-market days, Bursa Malaysia will make the necessary announcement in the media. Examples of non-market days are festive holidays and the National Day. |