Same-day affirmation
id:
same-day-affirmation-182-10804754
title:
Same-day affirmation
text:
In securities trading, same-day affirmation (SDA) also known as T0 refers to completing the entire trade verification process on the same day that the actual trade took place, and was invented in the early '90s by James Karat, the inventor of straight-through processing, in London. Trade verification is carried out on the institutional side of the market between the investment manager and the broker/dealer. This process ensures that the parties are in agreement about the essential trade details.
brand slug:
wiki
category slug:
encyclopedia
description:
Verification process used in securities trading
original url:
https://en.wikipedia.org/wiki/Same-day_affirmation
date created:
2009-09-16T15:36:02Z
date modified:
2024-09-06T17:55:40Z
main entity:
{"identifier":"Q7409142","url":"https://www.wikidata.org/entity/Q7409142"}
image:
fields total:
13
integrity:
15