T+0
From ACT Wiki
Funds and securities transfers - other trades.
In relation to market trades, T+0 means that settlement would follow on the same business day on which the related deal was struck in the market.
- Money market funds (MMF) offer access to invested funds on a T+0 basis
- "With MMFs running at very low duration (the maximum allowed is 0.16 years) and very conservative credit risk, maximum flexibility on trading your cash positions and access to your funds on a T+0 basis should at least be one less thing to worry about."
- Paul Mueller, head of global liquidity, EMEA portfolios, Invesco - The Treasurer online - February 2024.