Trade date

In this article we will delve into the fascinating world of Trade date, exploring its different aspects, origins and possible implications in today's society. Trade date has been the subject of interest and debate over the years, sparking the curiosity and attention of experts and hobbyists alike. Throughout these pages we will examine its evolution over time, its various manifestations in different cultures and its impact on the personal and collective level. Get ready to embark on a journey of discovery and reflection around Trade date, in the hope of expanding your understanding and knowledge of this exciting topic.

Trade date is the date on which a security trade occurs. A trade done very early or very late falls on the previous or following trade date.

This occurs because in the international market a trade conducted in (e.g.) Japanese equities at 3 pm in London needs to effectively be considered as the following day for Japanese stock exchange reporting requirements.

In London and the US, the settlement period from trade date is 2 days.[1][2][3]

See also

References

  1. ^ "Introduction of T+2 standard settlement period" (PDF). London Stock Exchange. 2 December 2013. Archived (PDF) from the original on 1 December 2018. Retrieved September 6, 2017.
  2. ^ Plaehn, Tim; LeDona Withaar (30 April 2019). "Settlement Date Vs. Purchase Date". Finance - Zacks. Archived from the original on 27 January 2021.
  3. ^ Chen, James. "Trade Date". Investopedia. Archived from the original on 27 November 2020.