Question about forex settlement...

Discussion in 'Forex' started by gobar, Nov 25, 2007.

  1. gobar

    gobar

    there is a 3 day settlement period in stock, 1 day iin options so i was wondering what is the settlement period in forex..

    i have IB account + i am not a daytrader...(less then 25K)..

    thanks
     
    #1     Nov 25, 2007
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  2. Lon Eagle

    Lon Eagle

    spot is 2 days. (that is a general answer, dont know if IB do it differently to the market or the norm)
     
    #2     Nov 26, 2007
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  3. Pippi436

    Pippi436

    Google for 'Tomorrow Next Procedure' for an explanation in detail (weekends, bank holidays..)
     
    #3     Nov 26, 2007
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