Viratech Corp. (VIRA)

[moneybound24]

The record date or the settlement date is the gap of time it takes for your trade to be on record. So when you buy or sell a stock you will probably see in your account the settlement date and that is the record date. If you have a non-margin account and you sell a stock the funds are not available for trading or withdraw until the record date or settlement date. So all stock trades on the 5th will be on record on the record date of the 10th (3 business days)

http://www.investopedia.com/articles/02/110802.asp