what can we invest in immediately after redeeming?
hey all, one of the perks of the USD MMF was that we could invest it into equities immediately after redemption, but I found that is not the case, as the money gets stuck in my universal wallet and not securities (for at least a day). if that is so, anyone knows what we can actually invest in immediately after redemption? I haven't been able to find any tickers which allow me to do so
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大理慢谷 : If I remember correctly, although the money haven't reach your account, you still can do trade. you just can't withdraw.
jayaxelOP : I'm not able to trade tho. selecting any us tickets automatically switched my wallet back to securities instead of universal
JohnnyBeNice : T+0 is telling us when we redeemed, it take 1 Trading Day to gave the money back into the universal account. Thereafter we can transfer back to our us securities to do trade. Can seek clarification w moo moo deskhelp. Hope it clarifies.
jayaxelOP : yeah that is my experience. I contacted help desk and was told that it should be possible to immediately trade SG listed stocks that are in USD (ie. tickers with the SG tag but USD in the name), but I haven't been able to find any since (they did not provide an example ticker because they do not provide financial advice)
so thought I'd see if anyone else found a ticker that could be invested in immediately (mostly out of curiosity on what those tickets are and how to find them lol)
WhyInvest jayaxelOP: some tickers are like hongkong land
determined Liger_409 : Anyone knows the steps to stop reinvesting on this fund ? Any help would be much appreciated :)
102392341 : I faced the same issue as you, may I ask is there any solution that you have obtained so far? Thank you.