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  • Posts: 182
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OP: December 27, 2017, 12:00:00 AM
Is it the sale date? Or the settlement date?

Sunday is the last day of the year, and Monday is a holiday. Do trades settle on Saturday?

Do Folfion trades ever actually settle on the same day? And if so, what time is the cutoff?

I know it would be safest to sell on Thursday so it can settle on Friday and avoid the weekend, but I I'm still trying to make up my mind what I want to do.

Thanks and Happy New Year!
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  • Posts: 69
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#1: December 27, 2017, 12:00:00 AM
Stocks are taxed based on the trade dates. I assume notes are the same.
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