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Glossary · PSX term

Settlement cycle (T+1).

The settlement cycle is how long after a trade the shares and money actually change hands.

Definition

The PSX moved from a T+2 to a T+1 settlement cycle in February 2026, meaning a trade now settles one business day after the trade date. Until settlement completes, your purchased shares are not yet final in your CDC account.

Worked example

If you buy shares on Monday under T+1, settlement and final transfer to your account occur on Tuesday.

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Central Depository Company (CDC)
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