Back to the Learning Academy.
T+1 - The New Standard Settlement Period
May 31, 2024
TMX Group
Trading, Follow-on Transactions
On May 27th, 2024, T+1 went live in Canada; reducing the Standard Settlement Period for Canadian Capital Markets to 1 business day after the transaction.
The previous settlement period for securities traded in North America was the transaction date (T) plus two business days, commonly referred to as T+2. North American Capital Markets industry players, including TMX CDS agreed to move to a T+1 settlement cycle to better serve market participants.
Learn more about the benefits and impact here.
Related Articles
November 3, 2025
The Canadian Securities Administrators (CSA)
The Canadian Securities Administrators (CSA) announced a proposed multi-year pilot to allow eligible venture issuers to voluntarily adopt semi-annual financial reporting (the SAR Pilot). The SAR Pilot would provide an exemption for certain venture issuers listed on the TSX Venture Exchange Inc. (TSXV) or the CNSX Markets Inc. (CSE) from the requirement to file first and third quarter financial reports under National Instrument 51-102 Continuous Disclosure Obligations.
November 3, 2025
Finance Montréal
For nearly ten years, Finance Montréal, in partnership with several Québec universities, has been highlighting Canadian publicly traded companies that stand out for the quality of their sustainability reports. The initiative aims to recognize the efforts made to transparently disclose their environmental, social, and governance practices and impacts.
