Re:Transfer Stocks Out of Your Robinhood Account
by totalZero on Thursday January 28, 2021 @11:57PM
(#25954136)
> Robinhood again transparently loans you the money while waiting for the stock trade to settle.
Well, kind of. If you use the proceeds to do another stock trade, that second trade also settles T+2, so it doesn't require RH to put any of its own capital up.
Well, kind of. If you use the proceeds to do another stock trade, that second trade also settles T+2, so it doesn't require RH to put any of its own capital up.
(Options settle T+1.)