See Also: Connecticut(encyclopedia)
Connecticut(dictionary)
Connecticut(tourism)
Connecticut broker(finance)
Connecticut mortgage(finance)
Connecticut hotels(tourism)
Connecticut River(encyclopedia)
Connecticut banks(finance)
Connecticut commodity broker(finance)
Citizens Bank of Connecticut(finance)

Settlement date (finance) and Connecticut (sh)


Settlement date (finance)


The date on which payment is made to settle a trade. For Stocks traded on US exchanges, settlement is currently three business days after the trade. For mutual funds, settlement usually occurs in the US the day following the trade. In some Regional markets, foreign shares may require months to settle.





Connecticut (sh)




State (pop., 2000: 3,405,565), northeastern U.S. The southernmost of the New England states, it lies on Long Island Sound and is bordered by Massachusetts, Rhode Island, and New York.

It covers 5,006 sq mi (12,966 sq km); its capital is Hartford. The original inhabitants were Algonquian-speaking Indians. The area was colonized by English Puritans from the Massachusetts Bay Colony during the 1630s. One of the original states of the Union, it was the fifth to ratify the U.S. Constitution. It was an agricultural region until the early 19th century, when textile factories were established, and by 1850 Employment in manufacturing exceeded agriculture; the state remains a manufacturing centre. New Haven, Home of Yale University, is one of New England's largest ports, while Stamford is the headquarters for some of the U.S.'s largest corporations. New London is Home to the U.S. Coast Guard Academy. Highways and railways traverse Connecticut and serve the densely settled coastal and Connecticut River valley regions. The state abounds with historical sites and memorials, and there are numerous state forests and state parks.