Sale proceeds are deposited into your nominated bank account on T+2, which means two business days after the executed trade date.
Upon execution of the sale order, you will receive a Trade Confirmation note immediately via email confirming the settlement date.
How long does it take to process my application?
Typically once we receive your application and it has been accepted by us, it will be processed with 5 business days. At that point your Issuer sponsored stock(s) is converted to a CHESS sponsored HIN and is sold 'at market' by our trading desk.