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.)
Japan
Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...
ese equities at in
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
needs to effectively be considered as the following day for Japanese stock exchange reporting requirements.
In London and the US, the settlement period from trade date is
2 days.
See also
*
Settlement date
*
Spot date
*
Value date
References
Securities (finance)
Bond valuation
Swaps (finance)
Settlement (finance)
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