Sparinvest SICAV standard settlement cycle will be T+2


The UCITS investment fund Sparinvest SICAV will adopt the new standard settlement of 2 days for its 19 sub-funds admitted to trading on Nasdaq Copenhagen from and including Monday October 6, 2014.

It was earlier communicated in Exchange Notice NASDAQ OMX Nordic and Baltic Exchanges Implement T+2 Standard Settlement published September 30, 2014 that the above SICAV chose to remain in the T+3 settlement cycle for the fund’s 19 sub-funds. The fund has now made a decision to follow the market and implement T+2 as standard settlement.


Nasdaq Stockholm

 

 

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallin, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for Nasdaq OMX Copenhagen A/S, Nasdaq OMX Helsinki Ltd., Nasdaq OMX Iceland hf., Nasdaq OMX Riga AS, Nasdaq OMX Stockholm AB, Nasdaq OMX Tallin AS, Nasdaq OMX Vilnius, Nasdaq OMX Clearing AB, Nasdaq OMX Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.