TOD settlement
The Moscow Exchange currency mode in which settlement takes place on the same day.
How to read the number
The currency reaches the account today, so the mode is chosen when money is needed at once, and the urgency is paid for with a wider spread.
When the metric lies
Trading in this mode closes earlier than the rest. An order placed in the afternoon lands in a different mode and at a different price.
Also known as: same-day settlement