Definition: [crh] The date that the counterparties in an interest rate swap commit to the swap. Also, the day on whDefinition: ich a security or a commodity future trade actually takes place. Trades generally settle (aDefinition: re paid for) 1-5 business days after a trade date. With stocks, settlement is generally 3 business days after theDefinition: trade. The settlement date usually follows the trade date by five business days, but varies depending on the transaction and method of deliDefinition: very used.
<< Go back