When will my trade settle and funds be available?

T+1 settlement means that trades settle one business day after the trade is executed.

Example:

• If you buy or sell a stock on Monday, the trade will settle on Tuesday
  

What this means for you:

• Funds from a sale may be available for withdrawal the next business day
• Purchases in cash accounts must be made using settled funds
• Settlement timing may impact your buying power and withdrawal availability
  

Important:

• Equities and options generally follow the T+1 settlement cycle
• Holidays and market closures may affect settlement timing
• Withdrawal of full account balance may require T+2