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Switch to shorter settlement period postponed.
Jun. 3--The Thailand Securities Depository has delayed indefinitely plans to shorten the clearing-and-settlement period from three days to two pending adjustments to the electronic clearing system.
The TSD said earlier that it would move to a T+2 cycle from June 1.
Nongram Wongwanich, the TSD president, said that following discussions with brokers, the TSD has agreed to a delay.
"The current electronic clearing system isn't yet comprehensive enough to serve all the requirements of ...
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