Central Securities Depositories
T+3 for Equities
T+2 for Debt securities
NZX is scheduled to move to T+2 settlement is March 2016, for all trades executed from 7 March 2016 onwards.
The Reserve Bank of New Zealand operates NZClear and New Zealand Central Securities Depository Limited (NZCSD). NZClear provides clearing a
Key terms defined in our glossary:
Central Securities Depository
BIS Model 3
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.