2.1.4.2.1 Standard Settlement Timeframes
The length of the settlement period differs by type of security, as shown in the table below.
Date of Settlement |
Type of Security |
Same day |
|
Next day (T + 1) |
|
Two days after trade (T + 2) |
|
Non-standard timeframes may be used in rare circumstances. Extended settlement terms may be used when the security will not be ready for delivery at a s