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Template:Nutshell 2016 CSA Settlement Day: Difference between revisions
Template:Nutshell 2016 CSA Settlement Day (view source)
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“'''{{vmcsaprov|Settlement Day}}'''” means, for any date: | |||
:(i) for [[cash]] transfers, the next {{vmcsaprov|Local Business Day}}; and | |||
:(ii) for [[securities]] transfers, the first {{vmcsaprov|Local Business Day}} after the date in which a securities trade made on that date would customarily settle (or, failing that, on the first {{vmcsaprov|Local Business Day}} after the date on which it is reasonably practicable to deliver the securities). <br> | |||