If the record date is monday. then the ex-date would be friday?
It depends on the type of settlement!
- For regular-way settlement, the ex-date is the same as the record date
- For cash settlement, the ex-date is the day after the record date
This changed from T+2 to T+1 on May 28th, 2024!
According to DERP
ex date is before record date?
With the recent settlement changes, it’s more like D/ER/P.
For regular-way settlement, the record date is the same day as the ex-date.
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