Client initiated withdrawal requests require Advisor consent, however if the amount is < 80% of the withdrawable amount and submitted prior to 5:00 p.m. ET, they will be auto-consented at the end of the current day and the withdrawal will be processed the following business day. Requests submitted after the 5:00 p.m. ET cutoff will auto-approve at the end of the next day and process the day after approval. Requests representing 80% or more of available funds will be auto-consented to after 3 calendar days.
A withdrawal is under the status "Pending Advisor"?
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What time of day are ACH deposit requests processed?
ACH deposits are processed regularly throughout the day and ACH deposits are subject to a 4 business day credit hold before funds are available for trading.
Clients who submit their ACH deposit request by 2pm EST will have access to their funds after the 4th business day; for clients who submit their ACH deposit request after 2pm EST will have access to their funds after the 5th business day due to the 2pm EST processing cutoff time…
What is the credit hold period for EFT deposits?
EFT requests received by 09:30 ET, will be credited to your account after five business days under normal circumstances.
Funds may be withdrawn after the five day credit hold. If funds are withdrawn to a bank other than the originating bank/instruction, a 66-business-day withdrawal hold period will be applied…
What is a Day-Til-Canceled order type?
A Day 'Til Canceled (DTC) order is similar to a Day order, but instead of being canceled and then removed from the trading screen at the end of the day the order is "Deactivated" and set to a Saved/Paused state. This means that the order is canceled at the exchange, but remains "Saved" on your trading screen. After the end of the current Day session, the order status color will be gray for "Deactivated" and will allow the order to be re-transmitted by clicking the Transmit button the following day…
When will my reset take effect?
If submitted by 4:00 PM ET, your reset will take effect the next trading day. Requests submitted after 4:00 PM ET will process on the following business day…