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Margin Account

Started by nejidoreb, November 21, 2006, 05:24:51 PM

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nejidoreb

Hi, how long does buy and sell orders executed with margin loan take to settle?

Thx

wrangler

Hi nejidoreb
I'm sure the answer to you're question is it still take's three days to settle but because it's a margin account you're not required to wait out the three day's to use the fund's for trading.
To be sure you should contact you're broker and ask.
Here's some interesting reading on margin account's .
http://www.sec.gov/investor/pubs/margin.htm
wrangler