Effective May 27, 2024,
BYMA will shorten
its settlement cycle for cash

BYMA news

This measure is in line with the shift to T+1 settlement cycles to be implemented in May by the U.S., Canadian and Mexican Stock Exchanges.


In line with the most evolved markets in the world, BYMA announces that its shortened settlement cycle of T+1 –24 hours– on cash markets (equity and bonds) will be effective as of May 27, 2024.

Transactions settled T+0 will also continue to be operative in BYMA.

This measure has been approved by the National Securities Commission (CNV) and seeks to align the Argentine Market to the U.S. Mexican and Canadian Stock Exchanges, who will be implementing the shift to T + 1 settlement as of May, 2024.

Accelerated settlement leverages the benefits of trading without friction with other market participants around the world and reduces counterparty risks in cash transactions, thus increasing capital market participants’ safety.

Until the announced date, the settlement cycle for cash transactions is T+2, i.e. from trade date plus two business days (or 48 hours), both in Argentina and in International markets.

The implementation of T+1 settlement cycles is focused on our local market innovation and aligns BYMA to the market practices being implemented by the leading Exchanges around the world.

Gonzalo Pascual Merlo, BYMA CEO, said: “At BYMA we work with a clear purpose in mind: to leverage the Capital Market conditions and to constantly generate new opportunities based on innovation. Implementing this upgrade benefits the entire capital market ecosystem: settlement and clearing agents, investors and other market participants.”