- Getting Started
- Update my information
- Account and Trading Security
- Security of my funds
- Change my password
- What are inactivity fees?
- What is buying power?
- How to close my Hapi account?
- How to transfer stocks from another broker to Hapi?
- What happens to my assets in case I die?
- How does Hapi Fully Paid Securities Lending Program work?
- Documents and Taxes
Investing in Hapi
- Do I own my shares?
- How to buy a stock?
- How to sell a stock?
- What are Exchange Traded Funds (ETFs)?
- What are Fractional Shares?
- What types of orders can I find in Hapi?
- How do I Cancel a pending Order?
- ¿Qué es un Clearing House Fee?
- What is trade settlement?
- Where can I find my dividends?
- What's an IPO?
- What happens to my stocks if they get delisted from the stock market?
- Holidays in the Stock Market 2023
- Day trading
- Cash Account Violations
- Referral program
- Hapi Learning
What is trade settlement?
Trade settlement refers to the process of completing a securities transaction and exchanging the securities for cash.
This process typically involves transferring ownership of the securities from the seller to the buyer and settling the cash payment from the buyer to the seller.
What is the T+2 rule?
T+2 is the standard settlement cycle for securities trades in most countries, including the US. This means that the trade settles two business days after the transaction date. For example, if a trade is executed on Monday, the settlement date would be Wednesday, during this period you will see that cash as "pending cash" and after the two days settlement it will change into "available cash" for you t use or withdraw.
The settlement cycle is an important consideration for investors, as the cash and securities involved in the transaction will be tied up during this period.
What are unsettled funds?
Unsettled Funds are any funds in your account that are still being processed. These funds could be from a Deposit, a Sell Order, etc.
Do you have any additional questions regarding Trade settlements? Write to email@example.com, we are here to assist you!