When does my trade settle?

Generally, settlement dates are as follows:

  • Stocks: 2 days
  • Mutual Funds: 2 days
  • Canadian, U.S. T-Bills and Commercial Paper: 1 day
  • Government of Canada with an unexpired term of 3 years or less to maturity: 2 days
  • All other Fixed Income instruments, including all Strip Bonds: 3 days
  • Options: 1 day
  • Money Market Funds: 1 day
  • New Issues: as prescribed by the issuer(s)
Last updated July 2, 2020