September 14th, 2017 | Judy Chambers

T+2 settlement cycle

Effective September 5 the standard settlement cycle is two business days for most securities transactions; including but not limited to trades for stocks, corporate and municipal bonds, mutual funds, and unit investment trusts (UITs)

As a result, if we need to make a transaction to accommodate a money transfer for you this new settlement cycle will speed that process up by a day.

If you have any questions, please give us a call and a member of the Miller Team will be able to address your concerns.