When will my trade settle?

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.