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To: casinomom who wrote (166181)10/8/2007 3:01:07 PM
From: Arcane Lore  Read Replies (1) | Respond to 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



To: casinomom who wrote (166181)10/8/2007 3:17:36 PM
From: hotlinktuna  Respond to of 208838
 
Hi Casinomom, just back and it's 3 days just like everywhere else though today doesn't count so it would be 4 and with the weekend 6...tuna