Sell trade settlement on Stake AUS
When you sell an investment on Stake AUS, you'll see the funds are available to invest again right away in your Buying Power.
If you need to withdraw the funds, they will be available for withdrawal in your Cash Balance on the evening of the second business day following the trade. This is based on the standard ASX T+2 settlement timeline (unless a deferred settlement schedule is in place from the issuer) - it takes two business days for the market to process and send the cleared funds to us and then we release them to you. So if you sold on a Monday, the funds can be withdrawn on a Wednesday evening. Public holidays will add a day.
Where can I view my settlement amounts?
You can view your upcoming settlement amounts in two ways:
1. In the Stake app or web platform
Go to Buying power
Select Funds & balances
Tap Settlements to view your settlement calendar
2. Via your contract note
Go to Manage > Activity > AUS
Select the relevant trade to view the contract note, which includes the confirmed settlement date.
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