Smart Finance

Term

T+2 settlement

Settlement is when a trade is actually completed: the money and the shares change hands. T+2 means it happens two business days after the trade date (T). Each market sets its own cycle (T+1, T+2…), so check which one applies to what you trade.

In pesos: If you sell shares on a Monday in a market that settles T+2, the pesos from that sale are fully yours on Wednesday, as long as there is no holiday in between.

Where to go deeper

3/4 6 min Read How a stock exchange actually works What happens between pressing buy and owning a share: the order book, the BMV, its hours, who regulates it, what an index is and what you would see if you walked in.

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Educational content only: not financial, investment or tax advice. The numbers are examples to understand the idea, not a forecast or a recommendation.