Last Dealing Day
Last dealing day is a term used in the financial markets to refer to the final day of trading for a particular security or financial instrument. On the last dealing day, the security or instrument will no longer be available for trading. This is usually the case when a security or instrument is about to be delisted, or when a company is about to be acquired or merged. The last dealing day is also known as the last trading day or the expiration date.
History of Last Dealing Day
The concept of a last dealing day has been around for centuries, as it is a necessary part of the trading process. In the past, the last dealing day was often determined by the exchange or market in which the security or instrument was traded. For example, the London Stock Exchange had a set of rules that determined the last dealing day for stocks and other securities traded on the exchange. Today, the last dealing day is usually determined by the issuer of the security or instrument.
Comparison Table
| Term | Definition |
|---|---|
| Last Dealing Day | The final day of trading for a particular security or financial instrument. |
| Last Trading Day | The final day of trading for a particular security or financial instrument. |
| Expiration Date | The date on which a security or financial instrument will no longer be available for trading. |
Summary
Last dealing day is an important concept in the financial markets, as it marks the end of trading for a particular security or instrument. The last dealing day is usually determined by the issuer of the security or instrument, and is also known as the last trading day or the expiration date. For more information about last dealing day, investors can visit websites such as Investopedia, The Balance, and the SEC website.
See Also
- Delisting
- Acquisition
- Merger
- London Stock Exchange
- Exchange
- Market
- Security
- Instrument
- Investopedia
- The Balance
