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John W

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Posts: 654

Joined: 10/11/2012
Location: Sydney, NSW, Australia

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Subject : Cash and Margin Settings produce same result
Posted : 7/5/2017 10:41 AM
Post #36776

Barry, when selecting account settings > exposure > account type there is choice between setting up as a cash account or margin account.

I believe this was to allow for the 3 day settlement rule if cash was selected?

However there doesn't appear to be any difference in how the account simulates results, and yet there should be a difference in the simulated result given the 3 day rule?

I'm also wondering if trades would be placed properly in my cash account which has no margin attached and the broker tells me that trades settle in 3 days? John

[Edited by John W on 7/8/2017 11:21 AM]

Deleting message 36776 : Cash and Margin Settings produce same result


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