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Important notice: Starting from 28 May 2024, settlement day of United States securities is 1 business day after trade execution day (T+1).
For Canadian securities, the settlement cycle will change to T+1 on 27 May 2024.
From effective date onward, clearance and settlement of stocks buy and sell orders take place on the 1st business day after trade execution day.
For clients with cash accounts, please ensure there is sufficient settlement currency amount in the account on settlement day. If you require currency conversion for settlement purpose, please inform us before 4:00pm US Eastern time on the trade execution day. Otherwise, interest charges will be incurred for overdue settlement. Feel free to contact your account manager if you have any questions.