a) Client place transaction order (to buy/sell shares) to Optimus.
b) After having client transaction order, Optimus will execute client’s transaction as per his instructions. Optimus will draw up contract notes, which typically are sent to client’s address or his email address within next 24 hours. This will show details of the transaction carried out on client’s behalf.
c) Settlement of shares transacted and their related payments are based on a two-day settlement system called T+2 system, under which transactions are due for settlement 2 working days after trade.
d) At settlement day, client’s transaction is settled and share transacted are moved from /to client Central Depository Company (CDC) account electronically. At this stage client transaction is completed.