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      Question

      Which of the following settlement cycle means that

      trade-related settlements must be done within a day, or 24 hours, of the completion of a transaction?
      A T+I Correct Answer Incorrect Answer
      B T+1 Correct Answer Incorrect Answer
      C T+2 Correct Answer Incorrect Answer
      D T+3 Correct Answer Incorrect Answer
      E T+II Correct Answer Incorrect Answer

      Solution

      T+1 settlement cycle means that trade-related settlements must be done within a day, or 24 hours, of the completion of a transaction.

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