Back to the Learning Academy.

T+1 - The New Standard Settlement Period

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

TMX Group’s action plan to boost long-term growth and competitiveness

TMX Group recommends six actions the next Canadian government can take to ensure our country is seen throughout the world as a great place to invest and do business.

Issuer Appreciation - Montreal Cocktail Reception

A special thank you from TSX and TSXV to all our issuers for attending our Montreal Cocktail Reception!