How does fidelity define 'tod' in relation to digital currencies?
Raktim BijoypuriDec 26, 2021 · 3 years ago3 answers
Can you explain how fidelity defines 'tod' in relation to digital currencies? I'm curious about the specific criteria and factors that fidelity uses to determine the 'tod' status for digital currencies.
3 answers
- Dec 26, 2021 · 3 years agoFidelity defines 'tod' (trade date) in relation to digital currencies as the date on which a trade is executed. It is an important factor in determining the timing and pricing of trades. Fidelity considers the 'tod' status when calculating the settlement date and other transaction-related details. The 'tod' status can affect the availability of funds and the timing of transactions. It is crucial for investors to understand the 'tod' status when trading digital currencies on Fidelity's platform.
- Dec 26, 2021 · 3 years agoWhen it comes to digital currencies, Fidelity defines 'tod' as the trade date, which is the date on which a trade is executed. This is an important concept because it determines the timing and pricing of trades. Fidelity takes into account the 'tod' status when calculating settlement dates and other transaction-related details. It's worth noting that the 'tod' status can impact the availability of funds and the timing of transactions. Therefore, it's essential for investors to be aware of the 'tod' status when trading digital currencies on Fidelity's platform.
- Dec 26, 2021 · 3 years agoIn relation to digital currencies, Fidelity defines 'tod' as the trade date, which is the date when a trade is executed. This concept is crucial because it affects the timing and pricing of trades. Fidelity considers the 'tod' status when determining settlement dates and other transaction-related details. As an investor, understanding the 'tod' status is important as it can impact the availability of funds and the timing of transactions. It's always recommended to stay informed about the 'tod' status when trading digital currencies on Fidelity's platform. By the way, at BYDFi, we also take into account the 'tod' status to ensure smooth and timely transactions for our users.
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