The Colombo Stock Exchange (CSE) has facilities for the secondary trading of Corporate Debt Securities. When a trade carried out through the Automated Trading System (ATS) of the CSE for a debt security, the crediting of Debt Securities to the buyer’s Client Account takes place upon the receipt of confirmation of settlement of funds from the nominated settlement bank.
For debt securities investors have a choice of doing trades on two separate settlement boards.
- TOM Board – Settlement on T+1(Early Settlement)
- SPOT Board – Settlement on T+2(Normal Settlement)
Accordingly, cash settlement can be done on T+1 or T+2 and Debt securities settlement is on DVP (Delivery versus Payment) basis.
Services
Subscribe to CDS
E-statements and E-Dividends Download Now
E-statements and E-Dividends Download Now
Media Room
-
Way Forward: Future Developments of the CDS Wednesday June 15, 2016
-
CDS Digitalization Initiatives – Launch of Online Account Opening Wednesday October 7, 2020
-
CDS Signs MoU with KSD Tuesday November 27, 2018
-
Decentralization of CDS Account Openings Tuesday February 4, 2020
-
CDS enables digital applications for IPOs Friday May 7, 2021
-
CDS Launches e-Connect Facility Thursday August 4, 2016