Settlement Cycle
A settlement cycle defines when settlement occurs after the trade date. Examples include T+0, T+1 and T+2.
Definition and Infrastructure Context
Settlement Cycle should be understood in the context of regulated exchange infrastructure, where terminology affects system design, operating rules, market participant workflows and post-trade controls.
ADEX Technology links this definition to relevant exchange technology, clearing, settlement, market infrastructure and operational control pages so institutional readers can understand how the term is used across the infrastructure stack.