The term 'Settlement Cycle' refers to the interval between the trade date and the settlement date during which securities transactions must be finalized.
T+3 Settlement refers to the process whereby the finalization of a trade in US equities occurs three business days after the trade date, a standard practice before 2017.
The Trade Date (T) is the specific date on which a transaction is executed. This date is crucial for various financial activities such as settlement, accounting, and taxation purposes.
The settlement date is a crucial term in both real estate and securities markets, representing the date on which a transaction is finalized and ownership is transferred.
Insight into the concept of Trade Date, its importance in financial transactions, comparison with Settlement Date, and related terms in finance.
