Name |
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Code |
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Comment |
The date on which the conditions specified in the contract are or can be executed for the first time, i.e. the date on which financial instruments are initially exchanged or created. The settlement date of an instrument is the date on which the instrument was executed for the first time after the instrument’s inception date. In contrast to the inception date, which is specified in the contractual agreement, settlement date is instrument related based on the actual execution of the terms specified under contract. |
Domain |
|
Data Type |
Date |
Mandatory |
Yes |
Inherited From |
<None> |
Parent |
|
List Of Values |
|
Length |
|
Precision |
|
Default Value |
|
Unit |
|
Format |
YYYY-MM-DD |
List Of Values |
|
Name |
Code |
Rule Type |
drawn instrument omc0023 settlement date no earlier than inception date |
Constraint |
|
drawn instrument dmc0012 non-applicable check for mandatory settlement date |
Validation |
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|
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