who can teach me about the settle date?# Stock
r*y
1 楼
"You are using unsettled funds for this purchase. If you sell this purchase
prior to the settlement date of the funding sale, without additional funds
being deposited, it will be considered a free ride under Federal Reserve
Regulation T. Please review the Trading in Cash Accounts information
available in the Policies & Disclosures section of the web site."
is that means i cannot but stock and sell it, make profit, and using the
profit buy the same stock before settle date?
so when is the settle date in U.S stock market?
just put the order for buy amazon at 191, then there is a restriction, after
i researched this rule, it backed to $195.....
prior to the settlement date of the funding sale, without additional funds
being deposited, it will be considered a free ride under Federal Reserve
Regulation T. Please review the Trading in Cash Accounts information
available in the Policies & Disclosures section of the web site."
is that means i cannot but stock and sell it, make profit, and using the
profit buy the same stock before settle date?
so when is the settle date in U.S stock market?
just put the order for buy amazon at 191, then there is a restriction, after
i researched this rule, it backed to $195.....