Settlement times ‒ Malaysia
The deadlines shown below are valid provided that the client's instructions are complete, accurate and eligible for straight-through processing (STP) in CBL and in the local market. Clients must also ensure that any necessary provision is available. If any of these criteria are not met, CBL cannot guarantee timely settlement.
Important Note: As part of CBL’s internal compliance procedures, all incoming customer instructions will be automatically scanned before entering transaction processing. Instructions that are internally flagged as requiring further manual investigation are set to status pending, with such status immediately reported to the client via their chosen media channel(s), until either being manually released for processing or rejected. In order to ensure that instructions being investigated do not miss the applicable deadlines, clients are advised to input instructions at least 15 minutes before the associated deadline.
Settlement times in Central European Time (CET)
| Instruction | Provisioning | Deadline for receipt of valid instruction | Expected settlement results | ||||
| start | end | from | to | value | |||
| AP = Against payment FOP = Free of payment SD = Settlement date | |||||||
| Securities listed on Bursa Malaysia | |||||||
| Receipts | FOP | 12:00 SD-2 | 11:55 SD-1 | 11:55 SD-1 | 03:00 SD | 10:00 SD | |
AP | 14:00 SD-2 | 11:55 SD-1 | 11:55a SD-1 | 03:00 SD | 10:00 SD | SD | |
| Deliveries | FOP | 14:00 SD-2 | 08:55 SD-1 | 08:55 SD-1 | 03:00 SD | 10:00 SD | |
AP | 14:00 SD-2 | 08:55 SD-1 | 08:55a SD-1 | 03:00 SD | 10:00 SD | SD | |
| SSDS-eligible securitiesb | |||||||
| Receipts | FOP | 10:00 SD-1 | 09:55 SD | 09:55 SD | 10:00 SD | 12:00 SD | |
AP | 08:00 SD-1 | 07:55 SD | 07:55 SD | 08:00 SD | 11:00 SD | SD | |
| Deliveries | FOP | 10:00 SD-1 | 09:55 SD | 09:55 SD | 10:00 SD | 12:00 SD | |
AP | 08:00 SD-1 | 07:55 SD | 07:55 SD | 08:00 SD | 11:00 SD | SD | |
a. This deadline is applicable for settlement via Bursa Depository Transfer. The deadline for instructions settling via the Institutional Settlement Service (ISS) mechanism is 11:55 on SD-1 CET.
b. SSDS-eligible securities denominated in CNY can only be settled FOP on the domestic market. Refer to "Specific settlement rules/settlement restrictions" under Settlement services.
| Instruction | Provisioning | Deadline for receipt of valid instruction | Expected settlement results | ||||
| start | end | from | to | value | |||
| AP = Against payment FOP = Free of payment SD = Settlement date | |||||||
Securities listed on Bursa Malaysia | |||||||
| Receipts | FOP | 11:00 SD-2 | 10:55 SD-1 | 10:55 SD-1 | 02:00 SD | 09:00 SD | |
AP | 13:00 SD-2 | 10:55 SD-1 | 10:55 SD-1a | 02:00 SD | 09:00 SD | SD | |
| Deliveries | FOP | 13:00 SD-2 | 07:55 SD-1 | 07:55 SD-1 | 02:00 SD | 09:00 SD | |
AP | 13:00 SD-2 | 07:55 SD-1 | 07:55a SD-1 | 02:00 SD | 09:00 SD | SD | |
| SSDS-eligible securitiesb | |||||||
| Receipts | FOP | 09:00 SD-1 | 08:55 SD | 08:55 SD | 09:00 SD | 11:00 SD | |
AP | 07:00 SD-1 | 06:55 SD | 06:55 SD | 07:00 SD | 10:00 SD | SD | |
| Deliveries | FOP | 09:00 SD-1 | 08:55 SD | 08:55 SD | 09:00 SD | 11:00 SD | |
AP | 07:00 SD-1 | 06:55 SD | 06:55 SD | 07:00 SD | 10:00 SD | SD | |
a. This deadline is applicable for settlement via Bursa Depository Transfer. The deadline for instructions settling via the Institutional Settlement Service (ISS) mechanism is 10:55 on SD-1 CET.
b. SSDS-eligible securities denominated in CNY can only be settled FOP on the domestic market. Refer to "Specific settlement rules/settlement restrictions" under Settlement services.
Settlement times in Kuala Lumpur time
All year
| Instruction | Provisioning | Deadline for receipt of valid instruction | Expected settlement results | ||||
| start | end | from | to | value | |||
| AP = Against payment FOP = Free of payment SD = Settlement date | |||||||
| Securities listed on Bursa Malaysia | |||||||
| Receipts | FOP | 18:00 SD-2 | 17:55 SD-1 | 17:55 SD-1 | 09:00 SD | 16:00 SD | |
AP | 20:00 SD-2 | 17:55 SD-1 | 17:55a SD-1 | 09:00 SD | 16:00 SD | SD | |
| Deliveries | FOP | 20:00 SD-2 | 14:55 SD-1 | 14:55 SD-1 | 09:00 SD | 16:00 SD | |
AP | 20:00 SD-2 | 14:55 SD-1 | 14:55a SD-1 | 09:00 SD | 16:00 SD | SD | |
| SSDS-eligible securitiesb | |||||||
| Receipts | FOP | 16:00 SD-1 | 15:55 SD | 15:55 SD | 16:00 SD | 18:00 SD | |
AP | 14:00 SD-1 | 13:55 SD | 13:55 SD | 14:00 SD | 17:00 SD | SD | |
| Deliveries | FOP | 16:00 SD-1 | 15:55 SD | 15:55 SD | 16:00 SD | 18:00 SD | |
AP | 14:00 SD-1 | 13:55 SD | 13:55 SD | 14:00 SD | 17:00 SD | SD | |
a. This deadline is applicable for settlement via Bursa Depository Transfer. The deadline for instructions settling via the Institutional Settlement Service (ISS) mechanism is 17:55 on SD-1 Kuala Lumpur time.
b. SSDS-eligible securities denominated in CNY can only be settled FOP on the domestic market. Refer to "Specific settlement rules / settlement restrictions" under Settlement services.