Trade date


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Trade date

The date that the counterparties in an interest rate swap commit to the swap. Also, the day on which a security or a commodity future trade actually takes place. Trades generally settle (are paid for) 1-5 business days after a trade date. With stocks, settlement is generally 3 business days after the trade. The settlement date usually follows the trade date by five business days, but varies depending on the transaction and method of delivery used.

Trade Date

The date on which a transaction occurs, especially the trade of a security or derivative. It is important to note that the trade date differs from the settlement date, which can range from one to five days following the trade date. On the trade date, ownership of the securities being traded transfers from the seller to the buyer, but the seller does not receive payment until the settlement date.

trade date

The date on which an order is executed. Payment or delivery must be made within five business days of the trade date. Also called transaction date. Compare settlement date.

Trade date.

The trade date is the day on which you buy or sell a security, option, or futures contract.

The settlement date, on which cash and securities are delivered, occurs one or more days after the trade date, depending on the type of security that you're trading.

Options and futures contracts settle on T+1, or one business day after the trade date, and stocks settle on T+3, or three business days after the trade.

Trade Date

With respect to traded securities, the date on which a security is actually bought or sold.
References in periodicals archive ?
Other notable examples of credit-positive changes include a new limit on negative trade date cash balance that restricts the amount by which CLO managers can make unfunded commitments, additional restrictions on trading gain such that the release to the interest account is limited to 1% of the target par amount and/or only half of any trading gains can be transferred to the interest account, clarification that CLO managers shall confirm test compliance with the collateral administrator prior to committing to buy any asset and an additional covenant limiting maturity risk in European CLOs.
While assigning the firm identifiers, we aggregate an issuer under its parent only if the issuer and the parent are associated prior to the trade date and the parent is also the guarantor for the bond.
As of March 31, the Company's Agency Securities portfolio consisted of Fannie Mae, Freddie Mac and Ginnie Mae mortgage securities, substantially all of which are fixed rate securities, and was valued at $6.2 billion on a trade date basis.
Date exports increase 10% in H1 2017: Minister of Trade Date exports in Egypt have increased by 10 percent in the first half (H1) of 2017 from the same period of 2016; amounting to 22,000 tons at a cost of $19.5 million.
Further, the trade date of the transaction will be 6 September 2017 and it will be settled on 11 September 2017.
Eastern on Monday but with a trade date of Tuesday.
The trade date for the placing will be 9 December 2016 and settlement is expected to occur on a T+2 basis on 13 December 2016, subject to the satisfaction or waiver of certain customary conditions.
The daily price fluctuation (up or down) is limited to a maximum of 10 per cent of the previous closing price, and the settlement day for the trades is two days following the trade date (T+2).
The daily price fluctuation (up or down) is limited to a maximum of 10% of the previous closing price, and the settlement day for the trades is two days following the trade date (T+2).
Under the new system, the broker-dealer signs in to the BNY Mellon AdvisorCentral web portal and provides detailed information about the upcoming trade, including the expected trade date, trade amount, and the trade settlement timeframe.
Contracts will be listed on CME Europe with a first trade date scheduled for March 30, 2015.
In order to calculate YTM correctly in such cases, CPAs need to know the trade date, the settlement date (the date when cash is paid), the maturity date, the number of days between the prior interest payment date and the next coupon payment date, the total number of days between the previous coupon payment date and the next payment date after the settlement date, the number of coupons remaining from the payment prior to settlement to maturity, and the price on the trade date without a coupon interest accrual.