Settlement here means your money and shares actually switch hands after a trade. It's T+1 now, so it happens the next day, and the clearing corporation ensures no one defaults. Honestly, the guarantee is a relief for someone like me, because my internet is like our old tractor—it sputters. Knowing the trade is secured even if my connection fails mid-transaction lets me sleep at night instead of worrying the deal vanished into thin air.
#money#career
Jump in to reply — no account needed.