Question

why are dates important In trade

Answer 1

Explanation:

The trade date is one of two important dates involved in a transaction. The trade date records and initiates the transaction. ... Some instruments, like certificates of deposit (CDs), have settlement dates that are the same as the trade date. Mutual funds may settle one day after the trade date.

Answer 2

Answer:

Hey mate here is your answer :

The trade date is one of two important dates involved in a transaction. The trade date records and initiates the transaction. Mutual funds may settle one day after the trade date. In September 2017, the Securities and Exchange Commission enacted T+2 settlement for most securities.