The meaning and definition of Settlement Date - Th
Post# of 351
Posted On: 03/15/2013 11:05:33 PM
The meaning and definition of Settlement Date -
The date on which an executed order is settled, either by a buyer paying for securities or by a seller receiving the proceeds for the sale. In most stock and options transactions, the settlement date is three business days after the execution of the trade (T+3).
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