What is ‘Day Cycle’
The time period alloted for the delivery of Automated Clearing House debits and credits from an originator to its processor. Typical hours are between 8:00am and 1:00pm eastern standard time (EST).
Also referred to as daytime window.
Explaining ‘Day Cycle’
The implementation of deadlines for receipt of electronic files from the originator help ensure that the processor will be able to process all transactions in a prompt and efficient manner.
Further Reading
- Trends in park tourism: Economics, finance and management – www.tandfonline.com [PDF]
- Fear and greed in financial markets: A clinical study of day-traders – pubs.aeaweb.org [PDF]
- Intraday periodicity and volatility persistence in financial markets – www.sciencedirect.com [PDF]
- Intra-day periodicity, temporal aggregation and time-to-maturity in FTSE-100 index futures volatility – www.tandfonline.com [PDF]
- Analysis of Class 8 truck technologies for their fuel savings and economics – www.sciencedirect.com [PDF]
