SEC Phase 2-7B Equities Securities Salesman (ESS) Exam - Philippines Practice Questions - SEC Phase 2-7B Equities Securities Salesman (ESS) Exam - Philippines Exam

What is the standard settlement cycle (T+X) for equity transactions executed on the Philippine Stock Exchange (PSE)?

T+1 (Transaction date plus one business day) T+3 (Transaction date plus three business days) T+5 (Transaction date plus five business days) T+2 (Transaction date plus two business days)

Correct Answer:

T+2 (Transaction date plus two business days)

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