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Settlement Period Changing to T+1

Starting May 28, 2024 the trade settlement period for stocks and ETFs will be just 1 day (T+1) instead of 2 days (T+2). The settlement period is the amount of time it takes for securities and cash related to trades to be exchanged between buyers and sellers. This is an industry wide change for most security transactions due to recent rule amendments from the Securities and Exchange Commission (SEC) and FINRA.

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