Why is my FundAccess order showing as unexecuted or open?
FundAccess funds are not traded in the open market; they are transacted at that day’s net asset value (NAV). Vanguard Brokerage Services must confirm your order with the fund family before we can post your trade on the account. Therefore, until the fund family confirms your order, you will see your order reflected as “Open” on the Orders Status page of our website. After Vanguard Brokerage Services receives confirmation of your order from the fund family, we will systematically post your order into your account. Because of the systematic posting, you will not see the order reflected online until the next day. Please note that the processing may delay the settlement sweep.
Related Questions
- How should a market center report on orders received during regular trading hours, but that remain unexecuted and uncancelled at the end of regular trading hours on the day of order receipt?
- What are the minimum initial and additional investment requirements for funds purchased through FundAccess?
- Why is my FundAccess order showing as unexecuted or open?
