The US New York Stock Exchange said it will switch to the T+1 settlement model starting May 28. Previously, the New York Stock Exchange implemented a T+0 trading system and a T+2 settlement and delivery system. That is, if an investor buys a stock, they can sell the stock on the same day, but the transaction settlement is to sell the stock on Monday and can only be withdrawn on Wednesday. Well, starting May 28 this year, the transaction settlement cycle will change from T+2 to T+1.
美国纽约证券交易所将从5月28日开始改用T+1结算模式
The US New York Stock Exchange will switch to the T+1 settlement model starting May 28
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