Giao dịch, Tài khoản & Hành vi cấmCâu 233 / 398
A trade is executed for 'cash' settlement on a Monday morning. When must delivery of the securities and payment occur?
a.Tuesday (T+1)
b.Wednesday (T+2)
c.The same Monday (trade date)
d.The following Monday
Giải thích
A cash settlement requires delivery of securities and payment on the trade date itself, the same day the trade is executed. This is faster than regular-way settlement, which is T+1 for equities.
Luyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
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