Ngx is Planning to transition to T+1 cycle.

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Great update, @Tobcom! T+1 is a major win for 'Capital Efficiency.' By shortening the settlement time, the NGX is reducing the 'Counterparty Risk'—the danger of something going wrong between the trade and the payment. For us as investors, this means our money works harder. In a world with 15.1% inflation, having your cash tied up for two days is an 'Opportunity Cost.' T+1 puts the power back in the hands of the investor. It’s the final piece of the puzzle for a modern, high-speed market!
 
Little Princess said:
Great update, @Tobcom! T+1 is a major win for 'Capital Efficiency.' By shortening the settlement time, the NGX is reducing the 'Counterparty Risk'—the danger of something going wrong between the trade and the payment. For us as investors, this means our money works harder. In a world with 15.1% inflation, having your cash tied up for two days is an 'Opportunity Cost.' T+1 puts the power back in the hands of the investor. It’s the final piece of the puzzle for a modern, high-speed market!
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"Counterparty risk", "Opportunity cost"... Great terms.
 
Tobcom said:
This will be a very development.
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This development will shorten the time it takes for securities transactions to be completed, allowing trades to settle one business day after execution instead of the current two days.

The move is expected to improve market efficiency and enhance liquidity within the capital market.
 
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