Bigprofit:
The soonest that trade can go through would be the close of tomorrow (Tuesday). In order to get the close of any day, you have to ask for the transaction before the close - although we allow a person 30 minutes after the close to UNDO a trade as not everyone always has real time quotes.
We will go on the assumption that you want it as of the close tomorrow unless we hear otherwise before tomorrow's close.
"13) All transactions will be done as of the next closing price. If the transaction is done after the close, it will be as of the close of the following market day. There is a one half hour grace period to allow for UNDOING a trade - assuming there is no news involved to either part of the transaction during that half hour. This is because many closing prices are not available until 20 minutes after the close."
Len
When the TA and the FA don't jibe, believe the TA. -- Dr. Ze'ev Hed
Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.
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