Settlement depends on the product and market traded.
For U.S. stocks, ETFs, corporate bonds and municipal bonds, settlement generally takes place one business day after the trade date, T+1. For securities options, index options, futures, futures options, U.S. government bonds and the USD/CAD Forex pair, settlement generally takes place one business day after the trade date, T+1.
For most Forex currency pairs, settlement generally takes place two business days after the trade date, T+2.
Settlement cycles may vary depending on the market, product, currency pair, exchange holidays and the specific instrument traded. The exact settlement date can be found in the Trade Confirmation Report.
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