On this day, the exchange will deliver the share or make payment to the other broker,
A)Pay-in day
B)Pay-out day
C)Transaction day
D)None of the above

Name: On this day, the exchange will deliver the share or make payment to the other broker, A)Pay-in day B)Pay-out day C)Transaction day D)None of the above
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Question

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Pay-out day is the specific day when the exchange makes payment or delivers shares to the broker, completing the transaction process initiated on the transaction day.

On This Day, the Exchange Will Deliver the Share or Make