Final answer:
Same day settlement before 2:30pm is not possible in the context of financial transactions.
Step-by-step explanation:
The statement is false. Same day settlement before 2:30pm is not possible in the context of financial transactions. Settlement refers to the process of transferring funds from one account to another. In most cases, settlement occurs at the end of the trading day, which is usually after 2:30pm. However, there are some exceptions, such as real-time settlement systems or intraday settlement, where transactions may be settled on the same day before 2:30pm.