- The day where the buy order is executed.
- Contract note is generated.
|Contract note is sent to client. ||Client to ensure the sufficient funds for settlement of the purchase contract. || |
- Shares bought will be due for payment on T + 3 market days.
- Payment must be made no later than 12.30pm by the Third Market Day i.e. T+3 day.
|If payment is not received by due date, the shares will be forced-sold on this day. |