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)