TRADE DATE


Meaning of TRADE DATE in English

The date on which a trade (i.e. an agreement on a financial transaction between two counterparties) is struck. The trade date might coincide with the settlement date for the transaction (same-day settlement) or precede the settlement date by a specified number of business days (the settlement date is specified as T + the settlement lag).

See also:

European Central Bank English Glossary.      Английский глоссарий Европейского Центрального Банка.