Trade date to settlement date across real sessions, November 2025
Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-09-20, from How Stock Settlement Works Under T+1.
| trade_date | trade_day_label | settlement_date | settlement_day_label | calendar_days_to_settle |
|---|---|---|---|---|
| 2025-11-20 | Thu Nov 20 | 2025-11-21 | Fri Nov 21 | 1 |
| 2025-11-21 | Fri Nov 21 | 2025-11-24 | Mon Nov 24 | 3 |
| 2025-11-24 | Mon Nov 24 | 2025-11-25 | Tue Nov 25 | 1 |
| 2025-11-25 | Tue Nov 25 | 2025-11-26 | Wed Nov 26 | 1 |
| 2025-11-26 | Wed Nov 26 | 2025-11-28 | Fri Nov 28 | 2 |
| 2025-11-28 | Fri Nov 28 | 2025-12-01 | Mon Dec 1 | 3 |
| 2025-12-01 | Mon Dec 1 | 2025-12-02 | Tue Dec 2 | 1 |
| 2025-12-02 | Tue Dec 2 | 2025-12-03 | Wed Dec 3 | 1 |
| 2025-12-03 | Wed Dec 3 | 2025-12-04 | Thu Dec 4 | 1 |
| 2025-12-04 | Thu Dec 4 | 2025-12-05 | Fri Dec 5 | 1 |
| 2025-12-05 | Fri Dec 5 | 2025-12-08 | Mon Dec 8 | 3 |
- Rows × columns
- 11 × 5
- Period covered
- to
- Computed
- Completeness
- No missing values
- Source
- US exchange, SIP and OPRA market data
- Licence
- Strasmore terms · free, no signup
What each column holds
| Column | Type | Range | Notes |
|---|---|---|---|
trade_date |
date | 2025-11-20 to 2025-12-05 | |
trade_day_label |
text | 11 distinct values (Fri Dec 5, Fri Nov 21, Fri Nov 28…) | |
settlement_date |
date | 2025-11-21 to 2025-12-08 | |
settlement_day_label |
text | 11 distinct values (Fri Dec 5, Fri Nov 21, Fri Nov 28…) | |
calendar_days_to_settle |
number | 1 to 3 |
Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.
Run it yourself
This is the exact query behind the result above. Change a ticker, a date or a column and run it against the warehouse — no account, no key. The no-signup tier is smaller than the one this page was computed on; a query that reaches past it comes back saying which plan runs it.
WITH sessions AS
(
SELECT DISTINCT toDate(toTimeZone(window_start, 'America/New_York')) AS session_date
FROM global_markets.delayed_stocks_minute_aggs
WHERE ticker = 'SPY'
AND window_start >= '2025-11-19 00:00:00'
AND window_start < '2025-12-10 00:00:00'
AND toDate(toTimeZone(window_start, 'America/New_York')) BETWEEN '2025-11-20' AND '2025-12-09'
)
SELECT
toString(td) AS trade_date,
formatDateTime(td, '%a %b %e') AS trade_day_label,
toString(next_td) AS settlement_date,
formatDateTime(next_td, '%a %b %e') AS settlement_day_label,
dateDiff('day', td, next_td) AS calendar_days_to_settle
FROM
(
SELECT
session_date AS td,
leadInFrame(session_date) OVER (ORDER BY session_date ASC
ROWS BETWEEN CURRENT ROW AND 1 FOLLOWING) AS next_td
FROM sessions
)
WHERE next_td > td
AND td <= '2025-12-05'
ORDER BY td