SIX operates on a T+2 settlement timeframe, or in simpler terms Trade date plus 2 business days for your buy or sell orders to settle.
When you trade with SIX you should always receive a contract note confirmation from our trading partner FinClear to your email which will note the settlement date and the details of the order.
You can also see the status of your order by logging into your SIX account and navigating to Portfolio> Orders. This will tell you what stage your order is in (eg. In Market, Complete, Failed).
If you are selling shares, any funds from the sale will usually take 2 business days to be returned to your wallet. After this you can either withdraw from your wallet to your bank account or invest in something else on the app.
Need some help deciding what to invest in next?
Check out our latest Shareholder Activism campaigns or see if our Ethical ETF Starter bundles are right for you.
How long does it take for trades to settle?
Buying and selling timeframes
Written by Liv Campbell
Updated today