trade date

What is trade date?

trade date definition and meaning on Finance terms:
The date on which a trade (i. e. an agreement on a financial transaction between two counterparties) is struck. The trade date might coincide with the settlement date for the transaction (same-day settlement) or precede the settlement date by a specified number of business days (the settlement date is specified as T + the settlement lag). See also
settlement date<

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

Tags: