Need assist
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 Jan 13 2021, 09:51 AM, updated 5y ago
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#1
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Junior Member
182 posts Joined: Nov 2008 
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I long time dint trade and forgot about t+2, cash account
If I buy today and sell today, the money won't deduct from account? What if I sell on t+1,will my money get deducted... I don't want money out from my cash account, I must settle within same day or? |
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Jan 13 2021, 09:54 AM
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#2
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Senior Member
3,158 posts Joined: Oct 2013
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t+2, settlement on day 2.
If buy and sell on same day, or day after, they will either pay u/ deduct the difference on settlement date. |
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Jan 13 2021, 10:06 AM
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#3
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Junior Member
182 posts Joined: Nov 2008
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QUOTE(2feidei @ Jan 13 2021, 09:54 AM) t+2, settlement on day 2. If i sell on t+2, will they deduct money from account or just pay the difference amountIf buy and sell on same day, or day after, they will either pay u/ deduct the difference on settlement date.  |
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Jan 13 2021, 10:10 AM
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#4
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Senior Member
3,158 posts Joined: Oct 2013
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QUOTE(Chealsea @ Jan 13 2021, 10:06 AM) If i sell on t+2, will they deduct money from account or just pay the difference amount pay the difference. settlement usually after close of trading hour. |
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