How the US Market Works?

What's the legal status of the US shares?
If you have a Stake trading account, you are the beneficial owner of the shares, where the shares are registered in your name by DriveWealth. DriveWealth ma...
Mon, 4 Mar, 2019 at 1:19 PM
When will I know if I have Stake Black or Stake Unlimited?
Before 1 July 2020, your brokerage pack (Stake Unlimited or Stake Black) will be based on your account value at the end of the trading day.  This means that...
Tue, 11 Feb, 2020 at 6:13 PM
How is the US Tax (W8-BEN/ W8-BEN-E) form managed?
Stake automates the W8-BEN / W9 form and does the paperwork for you. This costs US$5 upon your first funding. 
Tue, 10 Sep, 2019 at 2:00 PM
How do US shares settle?
US equities market settlement is T+2 (trade day plus 2 business days). The cash will be available to use once the trade has settled.  With Stake Black, ...
Fri, 17 Jan, 2020 at 10:47 AM
SEC (US) Trading rules and violations
When trading on the US markets, there are certain settlement rules for cash accounts (those currently offered through Stake) to be aware of and the violatio...
Mon, 29 Apr, 2019 at 6:05 PM
What is a Cash liquidation violation?
This is when you sell another security to cover the cost of the purchase of another security after the purchase date. In this instance, your sale proceeds w...
Mon, 2 Sep, 2019 at 2:52 PM
Who is the SEC?
This is the U.S. Securities and Exchange Commission (SEC). The SEC is an independent agency of the United States federal government and is the primary regul...
Mon, 2 Sep, 2019 at 2:53 PM
What is a free riding violation?
Free Riding Violation in a cash account, an investor must pay for the purchase of a security before selling it. If an investor buys and sells a security bef...
Mon, 2 Sep, 2019 at 2:58 PM
Pattern Day Trader (PDT) Rule
The Pattern Day Trader (PDT) rule does not apply to Cash Accounts on Stake. You can therefore trade as much as you want. Please keep in mind that we hav...
Mon, 2 Sep, 2019 at 3:02 PM