Canadian Securities Course (CSC) Practice Exam · Question
For most Canadian equity trades, what is the standard settlement period?
As of May 27, 2024, the standard settlement period for most Canadian equity trades is T+1, meaning the transaction is finalized one business day after the trade
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Question: For most Canadian equity trades, what is the standard settlement period?
Answer options:
- T+0 (same day) ✅ T+1 (one business day after the trade date)
- T+2 (two business days after the trade date)
- T+3 (three business days after the trade date)
Correct answer: T+1 (one business day after the trade date)
Explanation: As of May 27, 2024, the standard settlement period for most Canadian equity trades is T+1, meaning the transaction is finalized one business day after the trade date.
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