Re: Scottrade - Question...Kid
in response to
by
posted on
Dec 22, 2008 06:14AM
Never heard of such a rule with Wachovia or Fidelity, but a stock buy requires payment by the 3rd business day after the trade.
In other words, I can buy EDIG via my Fidelity acct on Mon with a zero cash balance, and mail a check to arrive no later than Thurs to include the comission and all is well.
Of course this is an established long time acct senario.
Buy 10,000 shares at $4.00 and get this show on the road!!