Just got a Commsec Margin Loan account setup and executed my first order today.
The account shows an unsettled amount equal to the amount purchased, the order details as executed, but I cannot find the securities I purchased listed anywhere???
Is this because they are not settled?
If so, how long does it take to settle?
Do I have to wait for these to settle beofre I can sell them?
What if I want to buy/sell the same day on this account?
bassmann
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