Explore the intricacies of regular way settlement in securities trading, focusing on the T+2 standard and its applications across various securities. Learn to calculate settlement dates and navigate exceptions.
Explore the pivotal role of the Depository Trust Company (DTC) in securities clearing and settlement, focusing on its book-entry system and participant access.
Explore the settlement procedures and cycle in equity trading, including the standard T+2 settlement cycle, the roles of clearing corporations and depositories, and the importance of accurate trade settlement.