Trade Month

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Trade Month

The month during which the trade of a security takes place. Unlike the trade date, the trade month rarely matters for settlement purposes, but it may have tax implications if the trade month is just before or just after the end of a fiscal year.
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The deals were indexed to the arithmetic average of Argus daily volume-weighted WCS indexes for the November and December trade months.
So far this year, the Argus trade month average index for WCS has been backed by an average of over 140,000 b/d of market transactions.
PPC's marketing and promotions manager Michael Connolly said the idea was to help retailers attract customers in January and February, the quietest trade months of the year.