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If the spot date falls on the last business day of the month in the currency pair then the delivery date is defined by convention to be the last business day of the target month e.g. assuming all days are business days: if spot is at 30 April, a one-month time to expiry will make the delivery date 31 May. This is described as trading "end-end".
Just to muddy the waters a little, "up to 90 days after the event" would mean the same as "within 90 days of the event" (i.e. anytime from day 0, when the event finishes, to day 90). "90 days after the event" could mean only on day 90, or on day 90 or any later day. MChesterMC 14:03, 7 September 2015 (UTC)
Business Day may refer to: Business day, a period of the week; BusinessDay, a website of Fairfax Media (Australia, New Zealand) Business Day, a business/finance ...
Under a one-day settlement rule (T+1), settlement occurs on the business day following the transaction date. Saturday, Sunday and public holidays are not market business days. For example, if a transaction occurs on a Friday, the payment or check must arrive at the broker's office by the close of business on Monday, unless a public holiday ...
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Date rolling (business day) conventions adjust non-business into business days to determine payment execution dates. Another convention states whether the calculation of the amount of interest payment or accrued interest within a coupon period must use the adjusted (aka bumped) or the unadjusted (aka unbumped) dates. An example of a complete ...
Trump launched his own memecoin on Jan. 17, and within days of his inauguration the value of the coin rallied from less than $10 to as high as $74.59, with a market capitalization nearing $15 ...
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