Kathmandu. 'T Plus Two' has been implemented in share trading. After the implementation of T Plus Two, the process of clearing and redemption of shares will be completed within two days.

According to the new arrangement, the investors who are now trading securities will have to issue the EDIS for clearing and clearing the securities they have sold the day after the date of trading. Now the buyer has to pay within two days and the seller has to settle the transaction within two days.

If this is not possible, the investor who is unable to issue an EDIS stating the reason will have to issue a physical instruction certificate and submit it to the concerned shareholder within the next day of the trading date (T Plus One).

Earlier, 'T Plus Three' was under implementation. The cyclical system that is completed within three days is called 'T Plus Three' and the clear process that is completed within two days is called 'T Plus Two'.

CDS Chief Executive Officer Purna Prasad Acharya said that after the implementation of this arrangement, the third day of trading will be clear and smooth.