Skip T+1 settlement with Instant Buying Power
The market waits for no one, and sometimes the usual T+1 settlement timeframe can seem like a lifetime when you want to reinvest earnings from a sell order. Instant Buying Power, available on Stake Black Wall St, allows you to trade at the speed of the markets when others can’t.
If you're not familiar with the term, T+1 settlement refers to the time it takes for a trade to be finalised, with assets transferred from the seller to the buyer over two days. This has been the standard on Wall Street for many decades, stemming from the early days of the securities industry, when trades were settled manually through a process called "paper delivery".
Investors can be frustrated by the fact that T+1 is still common practice to this day, despite markets moving to electronic methods. It means they can’t always quickly take advantage of market opportunities or adjust their positions.
Luckily Stake Black members can now say goodbye to T+1 settlement delays, thanks to our advanced feature aptly named Instant Buying Power. It enables you to trade U.S. securities with funds from a sell order in real time.
Not only does this allow you to be more nimble and responsive in your trading, but it can also help you reduce your overall risk. You could better limit your exposure to potential losses by being able to quickly shift your positions based on market movements.
Instant Buying Power is the tool for any investor looking to move in sync with Wall St. Try it together with a host of other features on our premium membership Stake Black.
Stake Black T&Cs apply. Stocks used in images for demonstrative purposes only. This does not constitute financial advice.
