Settled funds refer to funds available for use which have arrived at our clearing partner, net of any pending transnational activity. The settled funds figure is adjusted for recent deposits which have not arrived at our clearing partner, intra-day activity, pending interest and dividends among other adjustments.
Funds settlement refers to the final transfer of funds into or out of your account relating to a specific transaction. For a deposit or sale of securities, once a transaction has settled and funds have arrived into your account, they can be used to purchase additional securities or transferred out of your account.
Comments
0 comments
Please sign in to leave a comment.