Can I still place a manual trade?
Customers will not be able to trade individual securities in Sidepocket. Customers can only Fund or Withdraw money from particular Sidepockets, which contain a basket of underlying securities (primarily a basket of ETFs and highly liquid stocks) selected from our universe. The underlying securiti...
How do we execute trades when you fund a Sidepocket?
As soon as you fund a Sidepocket in the application, the order will be queued up and subsequently sent to our broker-dealer and custody partner Apex clearing. Apex will automatically process and submit order for the underlying securities that make up the Sidepocket. The order will be filled durin...
How long does it take to fund a Sidepocket?
Funding a Sidepocket can take 1-3 days depending when the order was placed (if the order was placed during the weekend outside of market hours for example). Sidepocket orders placed during market hours should take only a few minutes to execute.