For the uninformed tomorrow is not the last day you can buy to be on the register – that’s because of the trade + 3 working days settlement concept!
Now according to the company, if you're on the register at the close of business WST on Wednesday the 7th November, you will be entitled to the options. Therefore, if you trade on or before Friday 2/11, you will make Wednesday 7/11.
For Example:
Trade: Friday 2/11
Saturday 3/11 (not a working day)
Sunday 4/11 (not a working day)
Day 1: Monday 5/11
Day 2: Tuesday 6/11
Day 3: Wednesday 7/11 (placed or removed from register)
Comments??
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trade plus 3 business days
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