Post Trade Summary
Clearing and Settlement
The MERJ Exchange Market Rules require transactions to be cleared and settled pursuant to the rules of an appointed clearing agency on a strict delivery vs. payment basis. For “cash market” securities (e.g. equities and debt) MERJ has adopted one of the three IOSCO and G30 recommended delivery versus payment frameworks being DVP Model 1 (“Real Time Gross Settlement”).
Learn more about MERJ Clearing and Settlement Limited
Learn more about MERJ Depository and Settlement Limited