Launch Day Settlement

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You can view the settlement date for a particular transaction in your account History page, or you can see your account's total available settled funds in your account Balances page.
Settlement date is a securities' industry term describing the date on which a trade (bonds, equities, foreign exchange, commodities, etc.) settles. That is, the actual day on which transfer of cash or assets is completed and is usually a few days after the trade was done.
Settlement date follows the trading date by a fixed or specified number of business days. Usually three days for stocks (shares) and bonds, and one (next) business day for government securities and listed options. See also maturity date and settlement option. Also called settlement day.
The Securities and Exchange Commission has specific rules concerning how long it takes for the sale of stock to become official and the funds made available. The current rules call for a three-day settlement, which means it will take at least three days from the time you sell stock until the money is available.
A settlement is an official agreement between two sides who were involved in a conflict or argument. A settlement is an agreement to end a disagreement or dispute without going to a court of law, for example by offering someone money. She accepted an out-of-court settlement of £4,000.
Yes, on the settlement the stock is yours to sell with no risk of free ride or day trading applying.
For most stock trades, settlement occurs two business days after the day the order executes. Another way to remember this is through the abbreviation T+2, or trade date plus two days. For example, if you were to execute an order on Monday, it would typically settle on Wednesday.
Regular trading begins at 9:30 a.m. ET, so the hour ending at 10:30 a.m. ET is often the best trading time of the day. It offers the biggest moves in the shortest amount of time.
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