Hi @Red Baron
Actually i have been thinking about this a little today, as after i posted it i started to have doubts on the Tuesday 7th
I T2 trade a fair bit. If i was to buy Thurs sell Fri the stock code would automatically drop off my account (if no prior shares held) and i never need to settle, just the difference. +/- and im not a registered hokder as far as i am aware.
If i was to sell Monday i settle the full amount Monday and any difference is credited 2 days later.
Its my first experience to get advanced notice on a record date TBH.
You maybe right. Need to do a bit more research on this.
Cheers
GLTAH
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