t+3

  1. Kenton
    1,425 Posts.
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    14/02/11
    09:15
    Post #: 7885093
    T+3

    Has anyone been in the situation with T+3 where they (bank etc) went to draw the funds out of your account and you didn?t have the funds in the account? This has not happened to me but interested to know what the outcome would be if this happened? Do they sell your equities to recoup the funds or do you get charged interest at a very high % until your repay the funds?
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    lightbulb Created with Sketch.  Great analysis
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