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How to Deposit Period Settlement For Free
Trading with cash in a brokerage account is straightforward, but access to funds after selling stock may not be immediate. When selling stock, the settlement date, when the buyer gets shares and seller gets money, is typically two trading days after the transaction. This means that if you sell stock on Monday, you won't receive cash until Wednesday. Understanding this two-day lag can help differentiate between settled and unsettled funds.
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