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Re: klimanjaro post# 20674

Tuesday, 09/19/2017 11:08:06 AM

Tuesday, September 19, 2017 11:08:06 AM

Post# of 21090
Questrade. I'm in Canada. Makes it even stranger as to why anyone should have to wait for trades to "clear" because most of mine are not only in the US, but in US dollars.

The only reason I can see for anything to take 3 days to clear any more is to enable the broker to use either the shares or the capital in some way to profit from it. Of course most margin account agreements sign over a lot of rights to the broker if you utilize margin, including the right to lend out your shares for their own profit.


HOPIUM KILLS!

Don't get caught holding one of these!