Trade Date
/ˈtreɪd deɪt/
Definitions
- (n.) The date on which a securities transaction is executed, as opposed to the settlement date when the transaction is completed.
The trade date determines the price at which the security is bought or sold.
Forms
- trade date
Related terms
See also
Commentary
Trade date is crucial in securities law and finance to establish timing for rights and obligations; clarity in agreements on trade versus settlement dates prevents disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.