Use of Future Settlement Date

Imported from previous forum

[ original email was from Lisa Linton - ]
Is the Future Settlement Date field utilized for regular way equity trades even though it is optional?

Since it’s optional, then FutSettDate is not required for SettlmntTyp=Regular in which case it would be the standard settlement date for that market. If the buyside implementation has this information, then it certainly could be provided and could be validated against.

> Is the Future Settlement Date field utilized for regular way equity trades even though it is optional?
>