InvestorsHub Logo
Followers 62
Posts 6362
Boards Moderated 0
Alias Born 09/28/2010

Re: windough-shopper post# 5643

Monday, 10/24/2011 8:21:16 PM

Monday, October 24, 2011 8:21:16 PM

Post# of 18560
It means that any trade must settle after 3 days before money can be turned over to trade again. No more hype and dumping by day traders etc.
It is now designated trade for trade. here is the link to full info.
http://www.dtcc.com/downloads/legal/imp_notices/2011/nscc/A7301.pdf
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.