Question

settlements of traders are known as​

Answer 1

Explanation:

What Is the Settlement Period?

In the securities industry, the trade settlement period refers to the time between the trade date—month, day, and year that an order is executed in the market—and the settlement date—when a trade is considered final. When shares of stock, or other securities, are bought or sold, both buyer and seller must fulfill their obligations to complete the transaction. During the settlement period, the buyer must pay for the shares, and the seller must deliver the shares. On the last day of the settlement period, the buyer becomes the holder of record of the security.