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Print Print 2007-12-07

Clearing Schedule for T+3 System

Karachi Stock Exchange's Clearing Schedule for T+3 System.

Published December 7, 2007

Karachi Stock Exchange's Clearing Schedule for T+3 System.



================================================================
CLEARING SCHEDULE FOR T+3 SYSTEM FOR THE MONTHS OF
DECEMBER 2007 & JANUARY 2008
================================================================
TRANSACTION TRANSACTION SETTLEMENT SETTLEMENT
DATE DAY DATE DAY
================================================================
05.12.2007 Wednesday 07.12.2007 Friday
06.12.2007 Thursday 10.12.2007 Monday
07.12.2007 Friday 11.12.2007 Tuesday
10.12.2007 Monday 12.12.2007 Wednesday
11.12.2007 Tuesday 13.12.2007 Thursday
12.12.2007 Wednesday 14.12.2007 Friday
13.12.2007 Thursday 17.12.2007 Monday
14.12.2007 Friday 18.12.2007 Tuesday
17.12.2007 Monday 19.12.2007 Wednesday
18.12.2007 Tuesday 24.12.2007 Monday
19.12.2007 Wednesday 26.12.2007 Wednesday
20.12.2007 Thursday) 27.12.2007 Thursday
24.12.2007 Monday)
26.12.2007 Wednesday 28.12.2007 Friday
27.12.2007 Thursday 31.12.2007 Monday
28.12.2007 Friday
31.12.2007 Monday 02.01.2008 Wednesday
================================================================

NOTES:
1) Subject to appearance of Moon.
2) Open market CFS Session will not be available on 20 December 2007 (Thursday) & 28 December, 2007 (Friday).
3) Holiday: Eid-ul-Azha 10th, 11th & 12th Zilhajj 20.12.2007(Thursday), 21.12.2007(Friday) & 22.12.2007(Saturday) OR 21.12.2007(Friday), 22.12.2007(Saturday) & 23.12.2007(Sunday) Birthday of Quiad-e-Azam = Christmas = 25.12.2007 (Tuesday).
Bank Holiday = 01.01.2008 (Tuesday).
4) If any necessity arises, the Karachi Stock Exchange reserves the right to alter or vary the above dates. In case any settlement is postponed for whatsoever reasons, the same shall take place on the next working day.
Copyright Business Recorder, 2007

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