Question

The settlement cycle in NSE is

Options

• T+5

• T+3

• T+2

• T+1

Answer 1

T+2

Explanation -

The settlement cycle is the time frame in which the actual settlement of shares between buyers and sellers takes place. In other words, it refers to the time frame during which the seller of the shares receives payment and the buyer of the share acquires ownership of the share. The settlement cycle for NSE is T+2. T stands for the transaction date. As a result, T+2 means that NSE transactions are resolved within 2 days of the transaction date.