How long is settlement for AU and US trades?
Share sale proceeds will settle to your account according to the T+2 industry standard in Australia (two business days after the trade date) and the T+1 industry standard in the U.S (one business day after the trade date).
Your securities sell order may be eligible for Instant Settlement. For more details, please review this article.
Can I trade with proceeds from AU and US trades that haven’t settled yet?
You can use the proceeds of any AU or U.S. share sale to trade right away, provided that your purchase is in the same market. (e.g: selling U.S. shares and buying U.S. shares.)
You can only trade on an alternate market or withdraw those funds after the transaction has settled (T+1 for U.S. shares and T+2 for AU shares).
Your securities sell order may be eligible for Instant Settlement. For more details, please review this article.