š£š BIG Shift in Wall Street! ššÆ
Wall Street is stepping back in time but leaping forward in efficiency! ā°š After nearly a century, it has made a comeback to T+1 stock trading! š¼š
What does T+1 mean? š¤ Trades have to be cleared within ONE day of the transaction! ā³ā© This significant move aims to streamline operations and improve the trading strategy.
Although it is hoped that the transition will be smooth sailing, āµ the SEC has hinted at a possible "short-term uptick in settlement". šš”
Stay tuned for more updates! š And remember, in the dynamic world of the stock market, adaptability is key! šš
source : EconomictTimes
#WallStreetNews #TplusOne #TradingUpdates #StockMarket