Sunday, August 16, 2020

T+1? Your stock trade settlement set to get quicker

A T+1 system would mean that trades will be settled the day after the transaction. So, a buyer would get the shares in the demat account and the seller would get the sale proceeds the next day. Currently, trades are settled two working days after execution.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2E3VZbz

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