Operational Information
Settlement process - Taiwan
Market Coverage | Taiwan
Reference
Service level
CBL
Last Updated
19.09.2014
Settlement cycles
| TDCC-eligible international bonds (Foreign Currency Denominated Bonds): | T+3 |
Settlement flow
Pre-matching applies but is not binding.
Cash settlement
Trades in Taiwanese international bonds are settled on a free of payment (FOP) basis; there is no cash settlement in the market.
Any cash settlement between counterparties must be arranged separately and handled outside the market settlement mechanism.
