Trade date
 | This article needs additional citations for verification. (February 2022) |
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 USA, the settlement period from trade date is 2 days.[1][2][3]
See also[]
References[]
- ^ "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.
- ^ Plaehn, Tim; LeDona Withaar (30 April 2019). "Settlement Date Vs. Purchase Date". Finance - Zacks. Archived from the original on 27 January 2021.
- ^ Chen, James. "Trade Date". Investopedia. Archived from the original on 27 November 2020.
 | This finance-related article is a stub. You can help Wikipedia by . |
Categories:
- Securities (finance)
- Bond valuation
- Swaps (finance)
- Settlement (finance)
- Finance stubs