2oii0r2017 ‘Transaction Dale Transaction Date DEFINITION of ‘Transaction Date’ ‘The date upon which a security or other financial instrument i traded. The transaction date represents the time at which ownership transfered. In banking, the date a transaction appears in the accounts also referred to asthe transaction date, although It isnot necessarily the date on Which the bank clears the transaction and deposits or withdraws funds. BREAKING DOWN ‘Transaction Date’ ‘The transaction dates not necessarily the same asthe settlement date, which can happen several days after the transaction occurs. The seller ls pald upon settlement because all of the detals about the transaction have been finalized, and because the buyer i certain that what has been promised has actually been delivered Become A Day Trader In Less Than A Day Through Investopedia Academy’s Become A Day Trader an experienced Wall Street rader wil teach you proven, proftablestrategies you can startusing today. Alter this self-paced, on-demand course youll understand money management and trang psychology speak the language of the market, and use sxprofiable, vied-andrue trading techniques. Watch Free Tller>> Cash Transaction ‘transaction thats settled with cash on the same day as the trade. BREAKING DOWN 'Cash Transaction’ Settling a trade using the cash transaction method differs from settling a contract on the settlement date, which in some cases involves agreeing ona price on the trade date but transferring payment ‘on some date inthe future (known asthe settlement date). Acash transaction requires all aspects of ‘a trade including delivery of payment to be finalized on the trade d hitp:wwwinvestopedia.comerms!Vtransaction ate asp 1220/0/2017 ‘Transaction Dale Aces Tome ios Guide Shssons FAQS Colts Chaeear Skins SeckSimustor Plener Garren Quer Net Wort ry (©2017 Iesoped LC ghsReenod | TersOfike | Pie Pley hitp:wwwinvestopedia.comerms!Vtransaction ate asp CONNECT WITH we f »in REE NE 22