settlement of spot market

Why B is false in the following problem? Is the first statement of B correct, but second statement wrong? Is Friday trade will be settled on Tuesday? --------------------------------- Which of the following statements related to the foreign exchange market is FALSE? A) Foreign exchange brokers provide information, anonymity, and reduced trading time. B) The settlement date in the spot market is two days after the trade. A Friday trade would be settled on Monday. C) The bid-ask spread is a function of trading volume, volatility, and term of the forward contract. D) The foreign exchange market is the largest financial market in the world. Your answer: A was incorrect. The correct answer was B) The settlement date in the spot market is two days after the trade. A Friday trade would be settled on Monday. In the spot market, currency trades are for immediate delivery, which is defined as two business days after the transaction.

That’s correct. A Friday trade would be settled on Tuesday.

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As the explanation clearly says two business days.