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Re: EliteYoda post# 48778

Monday, 07/11/2011 7:27:53 PM

Monday, July 11, 2011 7:27:53 PM

Post# of 93140
The shares will need to be settled when transferred from Etrade, Scottrade etc. If they aren't cleared and settled, then the online broker (Etrade, Scottrade etc) will be 'holdin the bag'..and that's very unlikely to happen.

http://ibkb.interactivebrokers.com/taxonomy/term/135?page=1

I'm trying to transfer assets from my account at Fidelity via ACATS but can't find that broker on your dropdown list.
Overview:

Fidelity Investments uses its National Financial Services affiliate for certain clearing, custody and brokerage services including ACATS transfers. To initiate a full or partial ACATS transfer from a Fidelity account, select National Financial Services (DTCC No 0226) from the drop down broker list.


Ok, so Fidelity for sure uses DTCC for their clearing/settlement?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y