This is the Part 3 on the series. I hope that you understand the previous 2 parts.
In part 3, I will explain on the process of trading settlement so that it is clear when you should make payment for your buy transaction. I will also explain the risk that you will be facing if you fail to follow the rule.
Part 1 – How to Open Trading and CDS Account for Trading in Bursa Malaysia?
Part 2 – How to Buy and Sell Shares in Bursa Malaysia?
Part 3 – How to Determine Trading Settlement in Bursa Malaysia?
Part 4 – How to Calculate Profit, Loss and Brokerage Fees in Stock Market Trading?
Step 1 – Understand Settlement Date
In Bursa Malaysia, all buy or sell order have to be settled at 12.30pm on day T+3 where T is the day of transaction.