Karachi: The Pakistan Stock Exchange (PSX) has released the trading and settlement schedule for the Ready Market (T+2) for September 2024. The schedule details specific transaction and settlement dates, starting from 02-Sep-2024 and ending on 30-Sep-2024.
The first transaction of the month will occur on Monday, 02-Sep-2024, with the corresponding settlement scheduled for Wednesday, 04-Sep-2024. Subsequent transactions will follow a consistent pattern where trades executed on a given day will typically settle two business days later, as per the T+2 settlement system used in the Ready Market category. According to information available from the Pakistan Stock Exchange (PSX), this structured timeline ensures a steady and predictable framework for investors to manage their trading activities.
Notably, the schedule extends into the first two days of October for transactions occurring at the end of September, highlighting the ongoing cycle of trade and settlement that characterizes market operations. The PSX has designed this calendar to facilitate smooth trading, allowing market participants to plan their investment strategies effectively.