Security Alert: Scam Text Messages
We’re aware that some nabtrade clients have received text messages claiming to be from [nabtrade securities], asking them to click a link to remove restrictions on their nabtrade account. Please be aware this is likely a scam. Do not click on any links in these messages. nabtrade will never ask you to click on a link via a text message to verify or unlock your account.
What makes up my Funds Available for Trade?
Funds Available for Trade (FAFT) is made up of Available Funds in your Cash Account plus unsettled sell trades minus unsettled buy trades and open buy orders.
Your funds available for trade also depends on the settlement date of your trades.
Your sell trade proceeds are available to you to fund buy orders or trades as long as settlement date of the sell is on or before the settlement date of the buy.
For example the sale of Australian shares (t+1 settlement) on Monday can be used to place an order for shares in the UK (t+2 settlement) on or after Tuesday only.
