"retail investors" normally refers to individuals at home and T+2 doesn't affect them because they have margin accounts.
The only limitation is that if you day trade, you'll need $25k in your margin account. If you don't day trade or you have $25k, you can withdraw $0.01 a few milliseconds after selling $0.01 in shares
Famously: http://web.mit.edu/jemorris/humor/500-miles
Expected the sendmail story, got the sendmail story.
So if you're both in NYC it should be fine. At the very least T + ping time + 1 ms
And this should be available to customer investors (dudes at home) before retail investors (hedge funds)
"retail investors" normally refers to individuals at home and T+2 doesn't affect them because they have margin accounts.
The only limitation is that if you day trade, you'll need $25k in your margin account. If you don't day trade or you have $25k, you can withdraw $0.01 a few milliseconds after selling $0.01 in shares
Personally I use the word "retail" to refer to restaurants, stores, malls, and other soulless things that occupy commercial real estate.
I use "customers" to refer to souls that occupy residential real estate.
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