Sample Name
Sample Code
Sample Name
Sample Code
Sample Name
Sample Code
4
NXP Semiconductors
NXPI
Trading and Settlement
1. Trading Mechanism
Korean stocks support T+0 selling — shares purchased on the same day can be sold immediately, not restricted by the settlement cycle. However, sale proceeds require T+2 before cash withdrawal.
2. Settlement Mechanism
Korean stocks follow a T+2 settlement cycle — clearing and settlement are completed on the second business day after the trade.
|
Action
|
Time
|
Description
|
|---|---|---|
|
Buy
|
T Day (Mon)
|
Purchase confirmed; shares immediately available to sell
|
|
Sell
|
T Day – T+1
|
Can sell held Korean stocks at any time
|
|
Funds Available
|
T+2 (Wed)
|
Sale proceeds available for withdrawal
|
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