0
The "T" in T+0 and T+1 refers to the number of trading days for a trade to "settle".
To settle means to exchange either the shares (stocks) or bonds for the cash and vice versa.
For example, in a standard T+3 stock trade, when you sell a stock, you have three (3) business/trading days to deliver the stock. When you buy a stock under the T+3 system, you also have three (3) business/trading days to deliver the funds to your broker to pay for the purchase.
So, in most cases, when you sell a stock, you will not see the cash enter your account for three trading days. And, when you buy, although you will receive the shares (and can usually sell at any time after your purchase), the shares will not actually arrive into your account for three days.
In most cases, standard stocks have a T+3 settlement (3 days) and bonds have a T+1 (1 day) settlement. Other trading forms can have other time limits such as commodities, etc.
Best wishes!
---FalconStocks
http://falconstocks.com
What else can I help you with?
How do you solve the equation 81t3 - 81t equals 0?
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Tr equals r what does r mean if t is not equal to 1?
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What was the postage system in World War 1?
t t
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The unit step function at t=0 is defined to have a value of 1.
When is the settlement date of a fx trade?
The settlement date of a foreign exchange (FX) trade is typically two business days after the trade date, known as T+2. However, for certain currency pairs, such as those involving the US dollar, the settlement may occur on the same day (T+0). It's essential for traders to be aware of the specific settlement dates for the currencies they are dealing with, as they can vary based on market practices.
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Which one is correct dG(x-0)-dG(x+0)=-1/p(t) or 1/p(t)
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Which one is correct dG(x-0)-dG(x+0)=-1/p(t) or 1/p(t)
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