This article does not cite any sources. (August 2007) (Learn how and when to remove this template message)
Trade date is the date on which security trade occurs. A trade done very early or very late falls on the previous or following trade date.
This occurs because in the international market a trade conducted in (e.g.) Japanese equities at 3 pm in London needs to effectively be considered as the following day for Japanese stock exchange reporting requirements.
|This finance-related article is a stub. You can help Wikipedia by expanding it.|