Buying TTTXX with unsettled funds - margin interest charge?
Last week I sold an ETF Monday morning, and bought TTTXX with the unsettled funds same day, so the TTTXX trade settled same day and the ETF sell didn't settle until Tuesday.
Now I'm seeing a huge margin interest charge in my balances corresponding to one day of interest. Is this supposed to happen? I thought you were able to trade with unsettled funds without incurring interest?