Date on which a securities transaction must be settled Buy orders must be paid for in cash and sell orders must have securities in legal (good) delivery form presented to the new owner REGULAR WAY SETTLEMENT of stock and bond transactions is three business days after the trade was executed Listed options, government securities and mutual funds settle the next business day following the transaction The brokerage firm representing the customer must settle on the specified settlement date whether or not the customer has paid the monies or delivered securities to the firm
The date specified for delivery of securities between securities firms, usually three business days after the execution of an order
The date on which a trade is settled The settlement date may be the trade date or a later date
The date on which both parties to a foreign exchange trade remits funds to the other in settlement of the transaction In a spot settlement, the exchange of funds takes place two business days after the spot trade has been struck
The date on which a security buyer must pay for his or her purchase, or a seller must deliver the securities he or she has sold In Canada, investors have three days to pay for a purchase or, if selling, three days to turn in the securities certificate if it is in their possession
The date the purchaser of a security must pay for the transaction and the seller of the security must deliver the security
The date on which payment is made to settle a trade For stocks traded on US exchanges, settlement is currently three business days after the trade For mutual funds, settlement usually occurs in the US the day following the trade In some regional markets, foreign shares may require months to settle
The date by which an executed order must be settled by the transference of instruments or currencies and funds between buyer and seller
The date on which the final consummation of a securities transaction takes place and payment is made, usually three full business days following the date of trade
Date the purchase or liquidation settles; T + 3 (trade date plus three days) All purchases should be paid for in full by this date, and all securities must be available for delivery at this time All shares must be registered in client's name, if paid for, at this time
In U S financial markets, an investor must pay for the purchase of shares by the third business day after he or she buys securities And an investor must deliver an investment that he or she has sold by the third business day after the transaction
In US financial markets, an investor must pay for the purchase of shares by the third business day after securities are bought An investor is also obligated to deliver an investment that he or she has sold by the third business day after the transaction
The month, day, and year the transaction will settle As per industry standards, settlement occurs within 3 days of the transaction date for Equities
The date on which a trade is cleared by delivery of securities against funds The settlement data may be the trade date or a later date