The clearing service provided by Sheltech Brokerage is automated based on the DSE provided system. For stocks in A, B, G, and N category, the settlement takes “Transaction Date + 2” days. For Z category however, it is “T+9 “days. In the case when stock is traded in “Spot Market”, the clearing takes only “T+0” days.
The major stakeholders of the clearing system is:
- Sheltech Brokerage
- Clearing Bank
- DSE Finance Division
Sheltech 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 Sheltech clearance culture.