And this is why it’s confusing to the unsophisticated investor. Why didn’t they send my money in the first place? They can call it 100% collateral if they reall

And this is why it’s confusing to the unsophisticated investor. Why didn’t they send my money in the first place? They can call it 100% collateral if they really want, but it’s basically payment up front. Once they get the stock I asked for, they take the money. I suspect there are a lot more complicated trading mechanisms that take advantage of that 2 day gap that make my plan unfeasible though.