Will option settlement become T+1 after the change over in late May?
1 Like
Yes, it will!
On May 28th, 2024, settlement for regular-way trades will be shortened from T+2 to T+1. If you already studied the T+2 timeline, don’t worry! The logic is the same; the correct answer will just be one business day sooner. We will update our materials to reflect the updated T+1 timeline on May 27th.
FINRA exam updates go live May 28th:
- For exams May 27th or before: T+2
- For exams May 28th or after: T+1
when will the study material start to reflect this change?
1 Like
We will update our materials to reflect the updated T+1 timeline on May 27th, since FINRA has indicated they are still testing the current rules.
1 Like