Settlement Process

Settlement Process

MGBSL Provides automated settlement clearing services based on DSE Flex-TP. For A,B,G and N category share settlement cycle is T+2 for Z category share it is T+3 and for spot shares it is T+0. The major stakeholders of the clearing system are:

MGBSL
CDBL
Designated Banks for fund clearings
DSE Flex-TP

MGBSL ensures the due time clearing of all the transaction with its own clearing tracker. Collaboration with and pressurization on other stakeholder on due time clearance is held vital in MGBSL clearance culture.

Clearing Services