Series 24: Cash Settlement And Delivery Of Securities

Taken from our Series 24 Online Guide

Cash Settlement and Delivery of Securities

With respect to cash accounts, securities traders must pay for purchased securities by the regular way settlement date, meaning that payment must be made by the second business day after the trade date (T + 2) and the securities cannot be remarketed until the payment has been made. With margin accounts, memb

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I really liked the Solomon study materials. They did a really nice job of explaining the material in plain language. I have a really long commute and the audio books came in really handy!! I would recommend the Solomon study materials!

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Thadius Beavers, Prospera Financial. Dallas, TX.

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