T+2

Funds and securities transfers - other trades.

In relation to market trades, T+2 means that settlement follows two business days after the business day on which the related deal was struck in the market.

In this context, T+1 means settlement following after one business day.

See also

• Clearing
• Clearing system
• Confirmation
• Curtailment
• Delivery
• Delivery versus payment system
• Funds transfer system
• Gross settlement system
• Security
• Settlement
• Settlement agent
• Settlement bank
• Settlement lag
• Settlement system
• T+0
• Transfer