After a trade order executes, it takes 1 to 3 days to settle (depending on the trade type).
Securities and Settlement Periods
| Security Type |
Settlement Date |
| Stocks |
3 market days after trade date |
| Exchange-Traded Funds (ETFs) |
3 market days after trade date |
| Mutual Funds |
1 market day after trade date |
| Options |
1 market day after trade date |
You'll be able to withdraw funds from your ShareBuilder account, or use the funds to buy securities after the settlement date.
What is the difference between trade date and settlement date?
Tip: Bank-only holidays such as Columbus Day and Veterans Day aren't considered settlement days. To view a list of all market holidays, see our Holiday and Trading Calendar.