exdate = cut off point
means u have to own the share at that point, and last time to buy is at 4.59pm the previous trading day
so u can start selling on exdate itself as early as 9.01am

(assuming exdate time is set at 9am)

That's my understanding..pls correct if i am wrong

This post has been edited by ceo684: Sep 1 2011, 02:24 AM