Life of a Stock Trade — From Tap to Ownership in 24 Hours (Execution, Clearing & T+1 Settlement)

LIFE // OF A // STOCK TRADE

US EQUITIES · EXECUTION → T+1 SETTLEMENT

SOURCES: SEC (T+1 Investor Bulletin · Reg NMS · Rule 605) · DTCC / NSCC (CNS, Disclosure Framework, Rule 4) · DTC depository — official materials, June 2026 · Educational illustration