Buchung T + 1

English translation: Settlement T+1 (or T+1 (settlement)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Buchung T + 1
English translation:Settlement T+1 (or T+1 (settlement)
Entered by: John Wellesly Helliwell

10:42 Oct 25, 2008
German to English translations [PRO]
Bus/Financial - Investment / Securities / Post Trade Processing /Straight Through Processing
German term or phrase: Buchung T + 1
Das Ziel: Buchung T+1 –
Der Weg: 100 % Automatisierung

In a description of automated processes in the field of securities trading and clearance
John Wellesly Helliwell
Italy
Local time: 10:56
Settlement T+1 (or T+1 (settlement)
Explanation:
The trade is settled today (T) + 1

You also find T+3 T+5 etc.
Selected response from:

Lyn Dunk
New Zealand
Local time: 20:56
Grading comment
Many thanks, Lynn
4 KudoZ points were awarded for this answer



Summary of answers provided
5Posting (date) T+1
wfarkas (X)
4Settlement T+1 (or T+1 (settlement)
Lyn Dunk
2 +1T + 1
Paul Skidmore


  

Answers


28 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
Settlement T+1 (or T+1 (settlement)


Explanation:
The trade is settled today (T) + 1

You also find T+3 T+5 etc.

Lyn Dunk
New Zealand
Local time: 20:56
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Many thanks, Lynn
Login to enter a peer comment (or grade)

29 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +1
T + 1


Explanation:
In English texts on payment and securities settlement systems you will often find T + 1.

My understanding is that this means the day after the customer gives instructions to his bank/financial institution etc.

I have sometimes seen D + 1 as well - which I understand to mean the same thing


    Reference: http://www.ecb.int/pub/pdf/other/ecbbluebookea200708en.pdf
    Reference: http://www.ecb.int/press/key/date/2007/html/sp071008_1.en.ht...
Paul Skidmore
Germany
Local time: 10:56
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  enya
13 hrs
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1 day 1 hr   confidence: Answerer confidence 5/5
Posting (date) T+1


Explanation:
This means transactions entered into today (=T or TRADE DATE)will be posted (=picked up in the books) next day (= T+1), presumably under good value, i.e. value Trade Date.

wfarkas (X)
Canada
Local time: 04:56
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in FrenchFrench
PRO pts in category: 24
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