ETF vs Mutual Fund Settlement: Two Clocks
ETF vs mutual fund settlement, side by side: when each trade date starts, what price you get, and the exact day the cash is withdrawable under T+1.
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When Do NDX Options Expire?
NDX options expire on the third Friday, AM settled from the opening prints, and stop trading the Thursday before. Every remaining 2026 date is listed.
When Do VIX Futures Expire? 2026 Dates
VIX futures expire on the Wednesday 30 days before the next month's third-Friday SPX expiry. Every 2026 settlement date, plus the walk-back arithmetic.
ASX Options Expiry and Settlement Explained
ASX options expiry falls on a Thursday, and ASX 200 index options cash settle against the opening price calculation. The dates and the Sydney cut off times.
Is the US Market Open on Japanese Holidays?
Is the US market open on Japanese holidays? Yes: the NYSE and Nasdaq ignore the TSE calendar. What still stalls is JPY settlement and FX conversion.
Mutual Fund Exchange vs Selling and Rebuying
A mutual fund exchange prices both legs at one 4 p.m. NAV, while selling at one firm and rebuying at another adds settlement days. Two Monday timelines.
How VIX Settlement Works: the SOQ
VIX settlement uses the SOQ, a Special Opening Quotation built from SPX opening prices under a zero bid strike rule. How the print is made, and why it gaps.
AI Trading Bots and Real Brokerage Orders
An AI trading bot faces the same account rulebook as a human: day trade counting, unsettled cash, options tiers, partial fills, and halts. Here is each one.
DAX Options Settlement Price: ODAX vs ODAP
How the DAX options settlement price is fixed: the 13:00 CET Xetra auction for ODAX, the 17:30 close for ODAP, and why the chart price does not decide.
Do Mutual Funds Trade on Market Holidays?
Mutual funds do not trade on market holidays: no NAV is struck, orders queue to the next cutoff, and an early close moves the 4 p.m. pricing to 1 p.m.
What Are Tokenized Stocks? Rights & Settlement
What are tokenized stocks? How an on-chain record of a share works, which rights carry over, what changes at settlement, and what the SEC's 2026 order allows.
Short Delivery Auction in India: NSE Rules
Short delivery auction in India, explained: what NSE does when a seller fails to deliver under T+1, the 2:30 pm session, the 20% band and the close-out rule.
Street Name vs Holder of Record: Cede & Co
Street name vs holder of record: your broker holds the position at DTC and Cede & Co is the registered owner. What that means for dividends and proxies.
Who Sets the Ex-Dividend Date? Not the Board
Who sets the ex-dividend date? The listing exchange does, under FINRA uniform practice rules, working from the record date and the T+1 settlement cycle.
Due Bills and Stock Splits: Ex-Date Timing
Why a stock split's ex-date lands after the payable date, what a due bill is, who tracks it, and the full timeline from record date to first adjusted session.
Nikkei 225 Options and SQ Settlement
Nikkei 225 options settle in cash against the SQ, an opening print from all 225 stocks. How the second Friday settlement works and what long premium costs.
AM vs PM Settled Index Options Explained
AM settled index options settle off Friday's opening quotation and stop trading Thursday. PM settled options run to the close. The gap between them, measured.
When Do Mutual Fund Trades Settle?
Mutual fund settlement runs on a different clock than fund pricing. Walk a sale through both clocks, day by day, and see when the cash is really yours.
American vs European Options Explained
American options can be exercised on any trading day, European options only at expiration. How SPY and SPX differ, and when early exercise matters.
When Is Short Interest Released?
FINRA publishes short interest twice a month, mid-month and month-end, about two weeks after each settlement date. See the live release cadence and lag.
Ex-Dividend Date vs. Record Date: Same Day?
Is the ex-dividend date the same as the record date? Since the T+1 switch in May 2024, yes, they fall on the same day for nearly every US dividend, measured.
Why Short Interest Data Is Always Two Weeks Old
Short interest is measured twice a month and published on a lag. The FINRA cycle, the measured delay, what moves while a print is pending, and days to cover.