2022-11-23

Approval of the Final Margin Trading Regulatory Framework

The Iraqi Securities Market (ISM) has approved the final regulatory framework for margin trading. The document mandates a modification of the settlement period from T+0 to T+2. The ISM is required to ensure its systems and records are prepared to implement this new settlement duration.

Iraq

Iraqi Securities Commission

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Approval of the Final Margin Trading Regulatory Framework

Amendment

The settlement period is modified from T+0 to T+2. The new period will take effect upon commencement of implementation.

The Iraqi Securities Market (ISM) shall ensure that its systems and records are prepared for the new settlement period.