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Can I buy IPOs or options contracts using electronic funding?

April 26, 2017buy contracts electronic funding IPOs Options

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Can I buy IPOs or options contracts using electronic funding?

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Yes. Funds deposited electronically can be used to purchase non-marginable securities, initial public offering (IPO) stocks or options three business days after deposit settlement date. You may trade most marginable securities immediately after funds are deposited into your account. Read Funding Restrictions for more information.