ASHON Endorses CSCS T+1 Settlement
ASHON Chairman praises the new CSCS T+1 settlement cycle, highlighting its potential to boost efficiency, reduce risks, and enhance investor confidence in Read More: https://punchng.com/ashon-backs-cscs-t1-settlement-cycle/
The Association of Stockbroking Houses of Nigeria (ASHON) has officially declared its support for the Central Securities Clearing System's (CSCS) new T+1 settlement cycle. ASHON's Chairman commended the initiative, emphasizing its expected positive impact on market operations. The new cycle is anticipated to streamline trading processes, minimize potential risks associated with delayed settlements, and ultimately foster greater trust among investors in the Nigerian stock market.
This endorsement signifies a crucial step towards modernizing Nigeria's capital market infrastructure, aiming to attract more investment and improve overall market efficiency.
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