How many days after the stock trade, a settlement happens?
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ford Apprentice
Joined: 29 Jul 2007 Posts: 1
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Posted: 08/16/08 - 08:11 Post subject: |
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| Can you tell me how long do I need to wait for a settlement after stock trade has taken place? I never expected that I have to wait for anything, but I guess I was wrong and I will actually have to wait for some days until this is done properly. I hope that you know how long this will take? |
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skye Apprentice
Joined: 29 Mar 2008 Posts: 1
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Posted: 09/14/08 - 23:45 Post subject: |
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| I am not sure that anyone can just give you some number and say that this is how long you will have e to wait until that settlement will take place after the stock traded was completed and over with. This actually depends on a lot of circumstances and one of the most important is that you have to realize that this process is not done on that same day, but there is a huge paperwork that goes behind all this and you have to be prepared to deal with all this. I hope that you don’t expect to get anything within a couple of days, because it can take up to a month. |
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