What is an ASX settlement day?
Generally, an ASX Settlement Day occurs when ASX Settlement and Transfer Corporation Pty Ltd perform settlement in CHESS for securities, or when Australian Clearing House performs settlement in DCS for derivatives. In general, Non-business days will be declared for those days when banks are closed in Melbourne and / or Sydney. You can obtain the ASX Trading and Settlement days from the ASX website.
Generally, an ASX Settlement Day occurs when ASX Settlement and Transfer Corporation Pty Ltd perform settlement in CHESS for securities, or when Australian Clearing House performs settlement in DCS for derivatives. In general, Non-business days will be declared for those days when banks are closed in Melbourne and / or Sydney. You can obtain the ASX Trading and Settlement days from the ASX website. Back to top Minimum balance required for funds available There is no minimum balance required.
