Key insights
- A retail investor notes faster settlement times for stock sales and ACH transfers, highlighting improved market efficiency. However, this anecdotal observation has no discernible impact on broader US equity market direction.
I sold some FORD yesterday a few hours before the bell. All went smooth. I got trade confirmation overnight, and funds were available to transfer this morning. That was unprecedented for me, but I gleefully moved it via ACH to my Credit Union this morning expecting to see It available tomorrow or Friday, and it’s already there, deposited at 2pm. Granted it’s “pending” but still available balance.
I don’t know what’s happening in the world, but hell yeah! It’s so nice to see money move as fast as they take it now. About time!