Also found in: Dictionary, Encyclopedia.
Any trade that does not take any longer to settle than is legally required. The settlement date occurs anywhere from one to five days following the trade date, depending on the type of trade. Regulators set the settlement date, allowing the buyer a certain number of days to make payment. Regular-way trades occur when the buyer follows the regulations. The large majority of trades are regular-way trades.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved