We provide a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all of our expertise at your disposal.
Momentum SP Reid Securities offers a full range of stockbroking solutions, including:
Whenever you buy or sell a stock, bond or mutual fund, there are two essential dates of which you should be aware: the transaction date and the settlement date. T+3 refers to the settlement date of equity security transactions and means that the settlement occurred on a transaction date plus three business days.
The Johannesburg Stock Exchange (JSE) has recently announced that the current settlement cycle of Trade plus 5 days (T+5) will be reduced to Trade plus 3 days (T+3) effective from 11 July 2016.