Trade date (T)
at the ECB, the date on which a trade (i.e. an agreement relating to a financial transaction between two counterparties) takes place. – This date may 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 referred to as T plus
Time to settlement). – See settlement systems, business continuity programs, Euroclear, clearing house, automated, capital transfer system, electronic, retail payments, electronic, target, trade assignment, remittance system.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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