Change to T+2 Settlement Cycle

The Jamaica Stock Exchange (JSE) and the Jamaica Central Securities Depository Limited (JCSD) are leading an initiative to bring Jamaica in line with many of the major markets across the world with regards to the settlement period for financial products traded on the Jamaican securities markets.

Currently, when you buy or sell securities, the transactions are typically settled three (3) days after the completion of the trade. This is referred to as a T+3 settlement period. On December 11, 2017, Jamaica will be changing to a T+2 settlement period. This means that trades will be settled 2 days after the completion of the trade and not 3 days as currently exists. 

The new settlement cycle represents a faster and more efficient means for settling trades. Please click here for more information.