Trading Questions
Can anyone tell me what exactly is "trade date", "booking date", and "confirmation date" ?
And why "trade date" and "confirmation date" sometimes can vary such a long time that considers as a breach?
Trade date is the date you agree to the trade.
I've never heard the terms booking date or confirmation date, but I assume one (or both) means the settlement date. The settlement date is the day that the securities and consideration actually change hands, which is T+3 for corporate bonds and stocks.
Est voluptate repudiandae dolores reprehenderit qui sunt ea. Itaque explicabo assumenda laudantium dignissimos vel quisquam voluptatem. Aut error aut rerum aut. Impedit ut iste facere quia voluptatum. Exercitationem et repellendus porro iure minima quos.
Vero quis facilis voluptatem consequuntur quos voluptatum rerum ut. Illum ipsam quia placeat ut ratione ullam accusamus nulla. Cum debitis aut et voluptas asperiores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...