๐ฃ๐ BIG Shift in Wall Street! ๐๐ฏ
Wall Street is stepping back in time but leaping forward in efficiency! โฐ๐ After nearly a century, it has made a comeback to T+1 stock trading! ๐ผ๐
What does T+1 mean? ๐ค Trades have to be cleared within ONE day of the transaction! โณโฉ This significant move aims to streamline operations and improve the trading strategy.
Although it is hoped that the transition will be smooth sailing, โต the SEC has hinted at a possible "short-term uptick in settlement". ๐๐ก
Stay tuned for more updates! ๐ And remember, in the dynamic world of the stock market, adaptability is key! ๐๐
source : EconomictTimes
