3 ms·
> With today's tech there is no reason that trades can't be immediate, the fact that it takes 3 days to "settle" a trade is absolutely beyond ridiculous. Well
by chollida1 4y ago
> With today's tech there is no reason that trades can't be immediate, the fact that it takes 3 days to "settle" a trade is absolutely beyond ridiculous.
Well good news here for you, trades settle in T+2 and have for some time.
> That and let's also get rid of any special treatment for the investment industry that retail traders don't have
Well that is limited by only the deal you and your broker have. You can send all the complex order types that funds do, you are limited only by your broker.
Trading pre/post market still happens on exchanges so any delay is related to your broker. I can trade in "realtime" from my personal brokerage account with no issue or delay.
- hitpointdrew 4y ago>Well good news here for you, trades settle in T+2 and have for some time. T + 2 is WAY too long. I click a button to buy/sell, money goes to one party, the stock goes to the other party, transaction is final and complete within milliseconds. That is how it should be.