| 释义 |
skip-day settlement Skip-day settlementSettling a trade one business day beyond what is normal.Skip-Day SettlementOn an exchange, the practice of settling a transaction one day after the normal time period in which it is settled. For example, if a trade is usually settled five business days after the transaction, skip-day settlement requires the trade to settle six days after the original transaction. See also: delayed settlement.skip-day settlement The settlement of a security trade one business day beyond the usual settlement date. For example, a trade that usually requires next-day settlement would require payment and delivery two business days following the trade date using skip-day settlement. |