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What is Settled Cash?

Disclaimer: Activities in the Egypt market are conducted through Thndr Securities Brokerage, which is a member firm of the Egyptian Stock Exchange and is authorized and regulated by the Financial Regulatory Authority . Registered in Egypt (no. 804)

When selling stocks, there are 3 settlement types T+0, T+1, T+2

  • T0 stocks are stocks you bought on the same day you are selling.
  • T1 stocks are stocks you bought and kept for 1 day before selling.
  • T2 stocks are stocks you have held for at least 2 days before selling.
 

All stock sale orders undergo settlement by Misr for Central Clearing, Depository and Registry (MCDR). This process takes 2 business days when selling stocks.

Once settlement takes place, the money is transferred to Thndr and becomes your settled cash/available amount in your wallet.

Stock Type

Holding Period

Settlement Duration

T0

Bought and sold on same day

Same day

T1

Bought and kept for 1 day before selling

2 business days after selling

T2

Bought and kept for 2 or more days before selling

2 business days after selling

Your withdrawal will be processed the next working day.

12:00 PM is the daily cut-off time.

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