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Canadian Securities Course (CSC) Practice Exam · Question

For most equity trades on Canadian exchanges, what is the standard settlement period?

The standard settlement period for most equity and bond transactions on Canadian exchanges is T+2, meaning the trade is finalized two business days after the tr

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Question: For most equity trades on Canadian exchanges, what is the standard settlement period?

Answer options: ✅ T+2 (Trade date plus two business days)

  • T+1 (Trade date plus one business day)
  • T+3 (Trade date plus three business days)
  • T+0 (Trade date)

Correct answer: T+2 (Trade date plus two business days)

Explanation: The standard settlement period for most equity and bond transactions on Canadian exchanges is T+2, meaning the trade is finalized two business days after the trade date.

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