Custody/clearing  
HSBC SECURITIES SERVICES    
 
 
OMAN - Capital Market Infrastructure Summary

Central Securities Depository
Muscat Clearing and Depository Company (MCD)

BIS Model
Model 2

Settlement Cycle
T+3 for Equities
T+1 for Bonds

Comment
After the close of trading, the Muscat Securities Market (MSM) delivers trade data electronically to MCD, where buys and sells are matched prior to settlement on a gross basis. The associated net cash obligation of each member for the day's trading is spe


Key terms defined in our glossary:

Central Securities Depository
BIS Model 2
Settlement Cycle

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.