Poem -Srs share transaction

af7680

af7680

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Hello ,
If I sell some srs holdings today , can I buy other shares using that sold srs fund today ?
 
BBCWatcher

BBCWatcher

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af7680 said:
If I sell some srs holdings today , can I buy other shares using that sold srs fund today ?
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Probably not. There's some securities settlement time required, and an SRS account is not designed as a day trading account.
 
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phelanward

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No. Sold some UT recently with POEMS. Had to wait 4-5 days for the money to return to my SRS account.
 
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