SVS Securities

Extended Settlement

As an SVS client, you can now settle your trades up to 20 working days after you execute. This means you can simply pay the loss or take the profit on each trade without employing or depositing funds in the market, as long as you can provide the collateral to guarantee the trades you make.

The settlement period is the time from the time you execute your trade to the day when payment is required. Normally, the settlement period for market trades is three working days, typically referred to as T+3 - T meaning Trading Day and three is the number of days before you are required to settle your trades.

For investors, this service enables you to close a position (sell the shares you previously bought) before the date for full payment so that you only have to pay the difference in price (if there is any) or receive the balance owed to you.