Now with T+1, can proceeds from a stock sale be used to buy another stock the same day w/o margin?

D

David Donner

If during the trading day, you decide to buy and hold a stock more than just a daytrade, can selling another stock/ETF in a portfolio to meet the sale price of the new stock be done without incurring any overnight margin?

Or, would 1 days margin still be charged, then 0 after that?

This would be for a margin account with balance well over $25,000.

Thanks
 
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