ASX 0.06% $65.94 asx limited

beginner's question : t+3

  1. buk
    45 Posts.
    Hi,
    Just wondering. If i where to buy stock and sell before settlement date. Does the bank transact the balance of the trade from your account.

    eg if i bought $1000 worth and sold for $1100, will i need to have $1000 in account for bank to withdrawl or will the bank just deposit $100.
 
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