Dates business dating
A trade date is the month, day and year that an order is executed in the market.
The trade date is when an order to purchase, sell or otherwise acquire a security is performed.
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One-year deferrals are only granted for exceptional, unforeseen circumstances.
The settlement date is the date in which the transfer between two parties is executed.
The amount of time that passes between the trade date and the settlement date differs depending on the trading instrument and is known as the settlement period.
The trade date is one of two important dates involved in a transaction.
The trade date records and initiates the transaction.