When completing stock transactions,payment for stocks is generally required within _____ business days after the transaction.

Question

Quizplus · Accepted Answer

Payment for stocks is generally required within 3 business days after the transaction, which is also known as the T+3 settlement time. This allows sufficient time for the stock to be transferred from the seller's account to the buyer's account and for the payment to be completed. However, certain types of transactions and markets may have different settlement times.

When Completing Stock Transactions,payment for Stocks Is Generally Required Within