Modern Stock Exchange
Lusaka Securities Exchange Plc. has been set up as a modern stock exchange based on the most current international standards and practices:
- Use of a central share depository system
- Trade-for-trade netting clearing and settlement process
- Rolling settlement 3 days after the trade (T+3)
Trading: 10:00-14:00 Monday – Friday
Trading Structure: Fully Automated, Bilateral trade netting, Central Share Depository system T+3 rolling settlement.
Custodian facilities available.
Brokerage: Fully negotiable
Market Types: Unified market both equity(main board/Alternative market-AltM) and Debt (Treasury and Corporate).