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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With F
  5. Five-Day Rolling Settlement

Five-Day Rolling Settlement

Definition of 'Five-Day Rolling Settlement'

The transfer and payment for most shares traded on the London Stock Exchange is now completed in five days through the CREST settlement system.

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Related Terms

Net ChangeRolling SettlementT+5Day TraderActual Settlement Date Accounting (ASDA)Central Securities Depository (CSD)TargetCapital Bonds (National Savings)Close MoneyShortsValue Action PentagonCentralA DayAccrued InterestBed and BreakfastingCum-DividendGood for The Day (GTD)Impact DayMonetary InstrumentNon-Executive Director

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