Comment by NavinF
3 years ago
"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.
You can use that, but there are pretty well understood terms in finance already (like retail investors), and probably best to use the standard if you want to be well understood.
They retail investors, just like the people who patronize all of those businesses are retail customers.
Lewis Carroll wrote a gag about people using words like this.
I find that obnoxious