Welcome, Guest
|
Hi ForexGuy, Abbreviations that refer to the settlement date of security transactions. The T stands for transaction date, which is the day the transaction takes place. The numbers 1, 2 or 3 denote how many days after the transaction date the settlement or the transfer of money and security ownership takes place. For determining the settlement date the only days that are counted are those on which the stock market is open. T+1 means that if a transaction occurs on a Monday, settlement must occur by Tuesday. Likewise, T+3 means that a transaction occurring on a Monday must be settled by Thursday, assuming no holidays occur between these days. But if you sell a security with a T+3 settlement date on a Friday, ownership and money transfer does not have to take place until the following Wednesday. |
List of Gurus
-
Heng Kim 2019-09-24 03:46:59Hi PrettyWoman, The job market is the market in which employers search for
Read more -
Anton Luyten 2019-09-11 10:12:45Hello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read more -
Chaoxiang Lee 2019-09-07 11:28:32Hi Maria, A caplet is a kind of call option based on interest rates. The
Read more -
Apinya Kamon 2019-09-04 01:56:33Hello ForexGuy, A false market occurs when prices are manipulated and impacted
Read more -
Tom Burke 2019-08-31 08:08:12Hello LuckyWoman, The yearly probability of living is determined by consulting
Read more
-
Jun Wang 2017 - 01 - 20Hi PrettyWoman, Quantitative easing is an unconventional monetary policy in
Read more -
Heng Kim 2017 - 02 - 10
Hello Maria, Listed shares on an exchange that are heavily traded. Active
Read more -
Jacob Rogers 2019 - 02 - 25Hi Fluffy, Wire fraud is a crime in which a person concocts a scheme to
Read more -
Dara Madee 2016 - 01 - 11Hello BobM, A type of foreign bond that is issued in the Australian market by
Read more -
Dara Madee 2015 - 09 - 09
Hello Fluffy, A stock option is a contract between two people that gives the
Read more
-
Heng Kim 2019 - 09 - 24
Hi PrettyWoman, The job market is the market in which employers search for
Read more -
Anton Luyten 2019 - 09 - 11
Hello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read more -
Chaoxiang Lee 2019 - 09 - 07
Hi Maria, A caplet is a kind of call option based on interest rates. The
Read more -
Apinya Kamon 2019 - 09 - 04
Hello ForexGuy, A false market occurs when prices are manipulated and impacted
Read more -
Tom Burke 2019 - 08 - 31
Hello LuckyWoman, The yearly probability of living is determined by consulting
Read more