In view of the suspension of work in government offices today, the Securities Clearing Corporation of the Philippines (SCCP), the clearing house for local stock trading, disclosed yesterday, July 23, 2023, that there will be adjustments in the settlements of trades made between July 19 (Wednesday) and July 21 (Friday).

However, due to the late announcement of the changes, the settlement for BPI Trade trades done on July 19, 2023 (Wed) proceeded on its original settlement date today, July 24, 2023, instead of the adjusted date of tomorrow, July 25, 2023. We wish to apologize for any inconvenience this may cause.

Kindly note, however, that the settlement of trades made on or after July 20 will follow the adjusted schedule provided by SCCP:

Transaction DateSettlement Date
July 20 (Thurs)July 26 (Wed)
July 21 (Fri)July 27 (Thurs)
July 24 (Mon)July 27 (Thurs)

If you have any questions, please feel free to reach us at bpitrade@bpi.com.ph or call (02) 8580-4000.

Thank you for your patience.

Source: SCCP Website under No. 01-0723 (published on July 23, 2023)