What does silver td mean? What are the meanings of "t" and "d" in silver td?
Silver td is also called silver t+d, and "T" is the abbreviation of Trade, which means "transaction" in Chinese; And "d" is the abbreviation of Delay, which means "delay" in Chinese. T+d is a term in financial transaction, and silver td means silver deferred transaction.
Silver td is a spot deferred settlement business in the form of margin. By opening this business in the bank, a transaction can be completed. Silver td buyers and sellers establish a sales contract with a certain percentage of profits, and no physical settlement is needed. Buyers and sellers can buy and sell according to changes in the market to repay the contracts they hold.