The Delivery Versus Payment (DVP) Settlement mechanism was implemented as scheduled yesterday 16th August 2021. The Open Auction call session of the Colombo Stock Exchange (CSE) yesterday was from 12.15 P.M to 1.00 P.M. The pre -open was extended in order to provide more time for order entry in view of the transition to the upgraded systems. The commencement of the preopen session was delayed due to one Broker system vendor having technical difficulties in connecting to the exchange. The CSE continues to investigate into the vendor’s issues and will take all necessary actions to prevent a recurrence of the situation.

Source: The Nation August 17, 2021 04:07 UTC