SCHWAB T + 1 Question Taking Memorial Day Into Consideration
I want to buy a T Note on Tuesday 5/26. I have margin enabled but Schwab does not consider SGOV a marginable security so I can't just buy the T Note on Tuesday and then sell SGOV later in the day, right? So since Monday is a holiday and is not considered an\ settlement date (is that right?) the funds will settle on Tuesday the 26th. I need to know if those funds will be available for me to trade around 6:00am on Tuesday before the market opens. The auction closes at 6:30am. TIA.