Transactions on the ASX are settled exactly three days after the order has been executed.

Name: Transactions on the ASX are settled exactly three days after the order has been executed.
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Quizplus · Accepted Answer

This is known as T+3 settlement, meaning settlement occurs three business days after the trade is executed on the Australian Securities Exchange (ASX). This is the standard settlement period for equities in Australia.

Transactions on the ASX Are Settled Exactly Three Days After