T+3 for settlements?

Discussion in 'Professional Trading' started by NJtrader80, Jul 16, 2007.

  1. NJtrader80

    NJtrader80

    I know that it normally takes 3 days to settle trades, but i just like to know what some of you day traders do while your trades are waiting to be settled. I mean what if all your cash is tied up and waiting to be settled.

    Thanks
     
    #1     Jul 16, 2007
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  2. trader225

    trader225

    With a margin acct., we don't have to wait for t+3.
     
    #2     Jul 16, 2007
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