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Quarter Days
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Does Stock Exchange still have Quarter Days?
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Quarter Days were important in the past for things like paying taxes and settling debts in the stock market, but they aren't really used anymore. With modern technology and continuous trading, the markets now settle trades on timelines like T+2 (two days after the trade). So, while Quarter Days have historical value, they don’t play a role in today’s stock...
10:45 Fri 20th Sep 2024
Quarter Days were important in the past for things like paying taxes and settling debts in the stock market, but they aren't really used anymore. With modern technology and continuous trading, the markets now settle trades on timelines like T+2 (two days after the trade). So, while Quarter Days have historical value, they don’t play a role in today’s stock exchanges. Today, brokers like SMC Global Securities, Zerodha, and Angel One use updated rules and processes to make trading faster and more efficient.
Yes, stock exchanges still observe quarter days, which are significant dates in the financial calendar, marking the end of each quarter (March 31, June 30, September 30, and December 31). These dates are crucial for investors and analysts as they often coincide with companies' earnings reports and financial statements. Market participants closely monitor trading volumes and price movements around these times, as they can influence investment decisions and market trends. Firms like SMC Global Securities may provide insights and analysis related to these quarter days, helping investors navigate potential market fluctuations during these periods.
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