$Tesla (TSLA.US)$ Anyone from SG? For fund settlement. If T+...
$Tesla(TSLA.US$ Anyone from SG? For fund settlement. If T+2, means 2 business days. So if today SG is a public holiday due to CNY but US isn’t, so today is included as 1 business day for T+2?
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Simon33 : you got etf , what reason makes fund so attractive?
Diamond-sh : Ask cs for help
Moomoo Buddy : Dear valued customer, US stocks trading is a T+2 settlement, which means the settlement will complete on the second trading day after the transaction occurs.
Due to the time difference between Singapore and the US, settlement needs to be completed after the close of the T+2 trading day.
Example: Assume Monday to Friday are trading days. The stocks sold on Monday (EST) will be settled after the close of the market on Wednesday (EST), which is Thursday morning(SGT).
Kindly Notes:
*Funds will be converted to "Withdrawable Cash" once the settlement is completed.
*Due to the time difference, it is recommended to use T+3 trading day to estimate the time of settlement completion. Any questions please contact our live chat agents through the app via Me > Customer Service. Thank you and have a good day!