A transfer of the amount is possible only after the value date of the securities transactions has been set. After a security transaction, both parties always have two days to deliver the security or cash. This is a general stock exchange practice in Germany. Therefore, the value date (the day on which the cash can actually be disposed of) is always two days after the transaction date. In case of full withdrawals, we also have to prepare and post your final invoice, which is possible only after the value date.