Kathmandu. CDS and Clearing Limited has postponed the settlement and settlement process of securities trading scheduled for September 7. The meeting decided to suspend the settlement for two days citing technical problems in payment system of member brokers due to vandalism and arson that took place during the agitation.
According to the information received from the Stock Brokers Association of Nepal, the transaction could not be settled on the stipulated date due to the problem. According to the company, the process has been halted until another notice is issued as per Regulation 28 of the Securities Trading Settlement and Settlement Regulations, 2069.
CDS and Clearing has already completed the settlement of all securities transactions held on September 22.






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