AMC Entertainment Holdings Inc (AMC)

[Prudent Capitalist]

Negative Blue Leader! T+3 was the prior system but it has been gone for years now. We have been on a T+2 system in the US markets for quite some time, i.e. Settlement date is 2 business/trading days after trade date, and both $$$$ and shares must be delivered by that 2nd business day.

T+3 means that when you buy a security, your payment must be received by your brokerage firm no later than three business days after the trade is executed. When you sell a security, you must deliver to your brokerage firm your securities certificate no later than three business days after the sale.