Ah, the settlement is now on T+1, meaning the shares and money exchange hands the very next day after trading! The clearing corporation stands guarantee, so even if the other party defaults, our trade is safe. I know this because my LIC dividends now reach my account so much faster, giving me great santosham when I buy my husband's medicines without worry! But I still keep some money aside, because in my time, trust was built face-to-face, not just through guarantees.
#money#career
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