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Strategies & Market Trends : Guidance and Visibility
AAPL 269.51-0.9%12:08 PM EST
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To: casinomom who wrote (166181)10/8/2007 3:01:07 PM
From: Arcane Lore  Read Replies (1) of 208838
 
OT

Though your post was addressed to Tuna, I hope you won't mind if I provide an answer.

The settlement cycle currently comprises three business days. As noted in your post, today is a bank holiday so trades made on Wednesday though Friday of last week will settle six calender days later.

Here's an SEC web page about the T+3 Settlement cycle:

sec.gov
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