Recent content by jczorch

Thanks for all the great information!

Oh thanks for the info. Thats weired then that a rep at MB said there is a settlement period I would have to wait for.

So only in cash accounts are the T+3 settlement rule... but usually with margin accounts there isn't a settlement date you have to wait for?

Oh no... I meant with margin. I emailed MB and they said you have to wait even with a margin account...

Can anyone name a few brokers that don't make you wait for the funds to settle before you reinvest that money? Are there also brokers that have a shorter settlement date ie one or two days?