Share trading settlement date
Trade date and settlement date are terms used in investing that are most often applied to stock trading. The trade date is the date on which your order to buy or sell shares of stock is actually executed. The settlement date is the date by which both parties, buyer and seller, technically have to deliver on their commitments in the trade. What are the Online Share Trading settlement terms? The settlement date is when sale proceeds will be paid to the seller and when the securities are registered into name of the buyer. To ensure your trades settle on time, ensure that funds are available for any buy trade before settlement, and that all address details, FIN and registration