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How long does it take to settle U.S. trades?

Just like trading on the ASX, U.S. markets settle trades on a T+2 basis. This means two business days after the transaction has taken place.

Can I trade with proceeds from U.S. trades that haven’t settled yet?

You can use the proceeds of any share sales to trade right away but you can only withdraw those funds after the transaction has settled (T+2).

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