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The settlement cycle for cash equities in Australia is trade date plus two business days (T+2) from trade. The settlement cycle for the NYSE is two business da
by blitzar 4y ago
The settlement cycle for cash equities in Australia is trade date plus two business days (T+2) from trade.
The settlement cycle for the NYSE is two business days after the day the order executes, or T+2 NADAQ T+2 settlement cycle, etc. etc. etc.
Thats how it is meant to be.