GREY:CRIUF - Post by User
Comment by
deisman03on Aug 29, 2017 2:00pm
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Post# 26633357
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ex distribution day
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ex distribution daymaypeters wrote: Not sure what message you are referring to. Now they are moving to T+2 (Trade date + 2 business days) deisman03 wrote: Not trying to be contrary here but the message states "T + 3 reduced to T + 3"
That means the day you purchased the units/stock doesn't count.
Sorry for the confusion.
I was clarifying a PM. The T+2 won't be available until after Sept 5.
Some people aparently deal with brokerages that will have them on record if they bought yesterday and even today before the close. It's expensive though and I prefer to do my own trading in self directed accounts.