J jzamoras Jan 2, 2008 #1 Can I do this with a cash account on IB? - starting cash balance is $0. - Day 1: Sell 100 XYZ for $1000 (settles Day 4). Cash balance $1000. - Day 2: Buy 100 ABC for $1000. Best Regards, Jaime B. Zamora
Can I do this with a cash account on IB? - starting cash balance is $0. - Day 1: Sell 100 XYZ for $1000 (settles Day 4). Cash balance $1000. - Day 2: Buy 100 ABC for $1000. Best Regards, Jaime B. Zamora
J jzamoras Jan 2, 2008 #2 As far as I know Reg T permits buy on settled cash once, but I'm no sure about IB. Best, Jaime
S Surdo Jan 2, 2008 #3 If you have all of the answers, why are you asking..... Have you considered calleing your broker for an answer? Try Google'ing FREERIDING!
If you have all of the answers, why are you asking..... Have you considered calleing your broker for an answer? Try Google'ing FREERIDING!
J jzamoras Jan 2, 2008 #4 Quote from Surdo: If you have all of the answers, why are you asking..... Have you considered calleing your broker for an answer? Try Google'ing FREERIDING! More... I wasn't sure about IB, sorry to bother you. Thanks for your help. Best, Jaime
Quote from Surdo: If you have all of the answers, why are you asking..... Have you considered calleing your broker for an answer? Try Google'ing FREERIDING! More... I wasn't sure about IB, sorry to bother you. Thanks for your help. Best, Jaime
