T+3 for settlements?

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

  1. 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.

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