InvestorsHub Logo

AntiMarketMaker

10/04/12 3:22 PM

#5571 RE: bobkubecka #5561

market open on Monday. The banks are closed. So if you use Etrade, you need to do your cash transfer today.

This is from Etrade:


The Federal Reserve Bank will be closed on Monday, October 8, 2012. As a result, we will be unable to process certain types of cash transfer requests received on that day. Cash transfers between E*TRADE Bank accounts and E*TRADE securities brokerage accounts will be processed on Tuesday, October 9, 2012.

Additionally, Bond markets will be closed on Monday, October 8, 2012 in observance of Columbus Day. Stock markets will be open for trading on Monday, October 8, 2012 and full payment for securities transactions in cash accounts must be received within 5 business days of the trade date. However, Monday, October 8, 2012 will not be a settlement date. Learn more