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trade date

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Financial Dictionary

Trade Date

The date on which a security trade occurs.

Investopedia Commentary

This differs from the settlement date, which is usually 1-5 days after the trade date depending on the transaction type.

Related Links

The Nitty-Gritty Of Executing A Trade

See also: Contract for Differences, Settlement Date, Trade

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Financial Dictionary

trade date

The date on which an order is executed. Payment or delivery must be made within five business days of the trade date. Compare settlement date. Also called transaction date.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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