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Last trading day
Last trading dayThe final day that a futures or options contract may trade or be closed out before delivery of the underlying asset must occur. RELATED TERMS-------------------------------------- Futures Contracts covering the sale of financial instruments or physical commodities for future delivery on a commodity exchange. Contract A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange. Trade To buy and sell; buying and selling. Delivery The tender and receipt of an actual commodity or financial instrument in settlement of a futures contract. Underlying 1) In derivatives, the security that must be delivered when a derivative contract, such as a put or call option, is exercised. 2) In equities, the common stock that must be delivered when a warrant is exercised, or when a convertible bond or convertible preferred share is converted to common stock. Asset Is the taxable basis of a property, imposed by the municipality. Often it is at a fraction of the market value. SIMILAR TERMS-------------------------------------- LAST Credit Union LAST is a credit union with head office in LONG ISLAND CIT, NY Last in, first out (LIFO) Method of inventory valuation that assumes that the most recently purchased or produced goods are sold first. Last notice day The final day on which notices of intent to deliver on futures contracts may be issued. Last sale The most recent trade performed in a security. Last sale reporting An electronic entry, to the Nasdaq Stock Market, of the amount and price of shares involved in a transaction's not less than a board lot. Last split After a stock split, the number of shares distributed for each share held and the date of the distribution. Last twelve months A term used to describe financial results during the period of the last 12 months. Lastras Gestion, SICAV, S.A. Lastras Gestion, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. PREVIOUS AND NEXT TERMS-------------------------------------- Last in, first out (LIFO) Method of inventory valuation that assumes that the most recently purchased or produced goods are sold first. Last notice day The final day on which notices of intent to deliver on futures contracts may be issued. Last sale The most recent trade performed in a security. Last sale reporting An electronic entry, to the Nasdaq Stock Market, of the amount and price of shares involved in a transaction's not less than a board lot. Last split After a stock split, the number of shares distributed for each share held and the date of the distribution. Last trading day Last twelve months A term used to describe financial results during the period of the last 12 months. Late charge A charge imposed by a lender to a borrower when the borrower fails to make payment on the due date. Late day trading An unethical practice of a hedge fund purchasing and then selling securities after the close of a trading day, but making the transactions appear as though they occurred before the market close. Late reported trade A term used by the London Stock Exchange to denote that a trade was not reported in accordance with the Exchange's rules on trade reporting. Late tape A delay in the display of price changes on the tape of an exchange because of heavy trading. We thank you for using the Financial Dictionary to search for Last trading day. If you have a better definition for Last trading day than the one presented here, please let us know by making use of the suggest a term option. This definition of Last trading day may be disputed by other professionals. Our attempt is to provide easy definitions on Last trading day and any other medical topic for the public at large.
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