In approximately 2 weeks (September 5th, 2017), the US financial industry will be shortening the settlement cycle from trade date plus three business days (T+3) to trade date plus two (T+2). This is an industry-wide initiative, expected to benefit both industry and market participants.
Arbor will be making these changes automatically on September 4th overnight.
To check if these have gone through, you can:
- Select Administration
- Then select Settle Date Setup
- Examine the settle date settings
If you have any queries, please feel free to contact us at enquiries@arborfs.com.
For more information on Arbor Portfolio Management System, please visit: Portfolio Management System