Sunday May 19, 2024
SIE Exam Prep:T+1 settlement is coming soon to a BrokerDealer near you
In this episode , we'll explore the upcoming shift in the financial industry from a T+2 (trade date plus two days) settlement cycle to a T+1 (trade date plus one day) settlement cycle. Discover the reasons behind this change, its impact on investors, brokers, and the overall market. We'll break down the benefits of a shorter settlement period, including reduced risk and increased efficiency. Stay informed and prepared for this significant update in the trading landscape.
Version: 20240731
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