ECN Capital Corp T.ECN

Alternate Symbol(s): T.ECN.DB | T.ECN.DB.A | T.ECN.DB.B | T.ECN.P.C | ECNCF | ECNNF

Financial Services

ECN Capital Corp. is a Canada-based provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). The Company originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floorplan) loans. The Company operates through two segments: Manufactured Housing Finance, and Recreational Vehicles and Marine Finance. It operates through three businesses: Triad Financial Services, which manufactures home loans; Source One Financial, which is engaged in nationwide marine and RV lending; and Intercoastal Finance Group, which is engaged in national marine and RV lending. It provides prime credit portfolio solutions: Secured consumer loan portfolios, which manufactures home loans, and Secured consumer loan portfolios, which provides marine and RV loans.

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ECN Capital Corp > Good Show of Confidence

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Comment by Lawyerupon Dec 15, 2021 1:52pm

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Post# 34233738

RE:RE:RE:RE:Good Show of Confidence

Looks like people are a bit confused this may help:

New 2 day rule: T-day + 2 business days. So if you bought today December 15th your settlement date would be this Friday December 17th

The confusion is around the Trade Day (some called Record Date) counts as one business Day but it doesn't so if you remember T-Day + 2 business days it's easy to remember.

Okay in terms of getting a dividend simple rule if you buy before or on the ex-dividend date you get the dividend so nothing to do with Settlement Date. So the confusion is most people think the Settlement Date must be on the same day as the ex-dividend date.

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