Banking and finance News,stock watch, economic report and investment tips and avenues.
Tuesday, 27 November 2012
Delayed Delivery Order
A special term order in which there is a clear understanding between thebuying and selling parties that the delivery of the securities will be delayed beyond the usual three-daysettlement period to the date specified in the order.A special term order in which there is a clear understanding between thebuying and selling parties that the delivery of the securities will be delayed beyond the usual three-daysettlement period to the date specified in the order.