From TokenPost · · 40s
Hong Kong Exchange Targets T+1 Settlement by 2028
Hong Kong Exchanges and Clearing Limited aims for T+1 settlement in second half of 2028 to boost market efficiency.
In brief
Hong Kong Exchanges and Clearing Limited aims for T+1 settlement in second half of 2028 to boost market efficiency. Hong Kong Exchanges and Clearing Limited plans to move cash equities to T+1 settlement by late 2028 for faster trade settlement. Originally reported by TokenPost.
HKEX Targets T+1 Settlement
Hong Kong Exchanges and Clearing Limited aims to move cash equities to T+1 settlement by late 2028 for faster trade settlement.
Market Participants Support Shift
109 market participants supported HKEX's move to T+1 settlement after consultation conclusions published on October 16.
Next Steps for Implementation
HKEX urges market participants to prepare systems and operations for T+1 settlement, with testing planned after regulatory approval.
The main idea
Hong Kong Exchanges and Clearing Limited plans to move cash equities to T+1 settlement by late 2028 for faster trade settlement.
