Does anyone know why we still have T+3 for settlement of trades? Seems to me it's time to review that notion. I don't see why I should have to have funds in my account to purchase shares, but cannot collect for 3 days.
With electronic trading and banking, this practice seems very archaic. Who gets the use of my funds in the meantime?
Any comments?
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- why do we still have t+3?
Does anyone know why we still have T+3 for settlement of trades?...
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