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
Finance Montréal

Best Sustainability Report Contest 2025-2026

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.

September 2, 2025
TMX Group

Why Your Website Needs a Stock Quote

By centralizing your IR information such as stock quotes, financials, press releases, and regulatory filings, you provide investors with easy access to accurate and timely insights.

TMX Group Limited and its affiliates do not endorse or recommend any securities issued by any companies identified on, or linked through, this site. Please seek professional advice to evaluate specific securities or other content on this site. All content (including any links to third party sites) is provided for informational purposes only (and not for trading purposes), and is not intended to provide legal, accounting, tax, investment, financial or other advice and should not be relied upon for such advice. The views, opinions and advice of any third party reflect those of the individual authors and are not endorsed by TMX Group Limited or its affiliates. TMX Group Limited and its affiliates have not prepared, reviewed or updated the content of third parties on this site or the content of any third party sites, and assume no responsibility for such information.

Copyright © 2025 TSX Inc. All rights reserved.