ETFs settle the next trading day after the purchase or sale (T+1). So you need money in your settlement fund to pay for the ETF you purchased the previous day. Many brokerages are putting 7 day (or longer) holds on new money transferred in, to combat fraud. So you need to plan ahead and have sufficient money in the account prior to trading.
Statistics: Posted by Rocky Mtn Man — Sun Nov 10, 2024 1:25 am — Replies 3 — Views 235