2
$\begingroup$

I'm curious to know if there are any organised exchanges where the Gregorian calendar is not used for valuation or as a settlement calendar?

Islamic and Hebrew calendars come to mind, but I wonder what particular exchanges this is used for?

I also assume that if it's used for settlement then it must also be used for valuation i.e. discounting. Is this right?

$\endgroup$
1
  • $\begingroup$ My reasoning was also that for Sukuk no interest is allowed, so only 'Western' interest-bearing financial products might be dual-listed and therefore use a Gregorian trading calendar. $\endgroup$
    – Luciano
    Commented Apr 30, 2021 at 5:17

0

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Browse other questions tagged or ask your own question.