Loading AI tools
Finance stubs From Wikipedia, the free encyclopedia
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 article needs additional citations for verification. (February 2022) |
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]
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.