How does fidelity define 'tod' in relation to digital currencies?

3 answers

• SHRI RAMAKRISHNAN A CSEAug 29, 2024 · a year ago
  Fidelity 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.
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• Kulashekar SJul 20, 2023 · 2 years ago
  When 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.
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• MmotkimAug 03, 2020 · 5 years ago
  In 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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