When you’re trading in your cash account, there are 3 different types of violations that you need to be aware of. With a cash trading account, you’re required to pay for all purchases in full by the settlement date, which is the day in which the trade becomes finalized. The settlement date is different from […]
Overview If you buy securities without having sufficient funds, and then sell those securities before depositing enough money to pay for them, a freeriding violation is triggered. Instead of purchasing the shares with your own money, you’re using the proceeds from the sale of the security. A freeriding violation is a trading violation that many […]
Overview If you trade through your brokerage’s cash account, you’ll see two different types of funds in your account: settled funds and unsettled funds. Settled funds (also called settled cash) refer to newly deposited funds (such as a check deposit or wire) and settled proceeds of fully paid for securities. Unsettled funds (also called unsettled […]
Overview If you buy and sell equities using your cash account, one of the most common violations you need to know about is the good faith violation. To understand what a good faith violation is, we need to first understand the difference between settled and unsettled cash. But in short, a good faith violation occurs […]
An “accredited investor” is a designation created in 1933, through the Securities Act of 1933, and is essentially a way to classify high income or high net worth individuals. It’s intended to indicate that an individual or organization has sufficient financial knowledge and resources to understand and assume the risks associated with investing in unregistered […]
Alternative investments (also referred to as alternative assets) are any asset classes that aren’t stocks, bonds, or cash. In this article, we’ll look at what alternative investments are, the different types of alternative assets, characteristics and how they differ from traditional investments, and the risks and rewards of investing in them. Characteristics of alternative assets […]
U.S. stock market holidays All NYSE markets observe the following U.S. holidays for 2023 and 2024. All U.S. stock markets are closed on the following days. Holiday 2023 2024 New Years Monday, Jan. 2 Monday, Jan. 1 Martin Luther King, Jr. Day Monday, Jan. 16 Monday, Jan. 15 Presidents’ Day Monday, Feb. 20 Monday, Feb. […]
