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Delayed Delivery Order

Updated on March 19, 2023

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A Delayed Delivery Order refers to a specific order for securities between two parties where they have agreed upon the special condition of a late delivery. This means that the buyers and sellers have agreed to the condition that the delivery of the said securities as per order will be delayed beyond the usual three-day (the normal settlement is done on Trade +3 or T+3 days) settlement period to a later date, as specified in the order.