So I wired 4000 CHF to my account. It arrived, and I converted it to USD. I see 0 under my CHF balance, and 4260 in my USD balance.
Then I go and try to buy some VT. I chose LIMIT 61.20 and 60 shares. But no, it won’t ever accept my order because it says I don’t have enough settled cash and need 3800 USD. How do I need 3800 USD, I have 4260 USD in cash right here right now!
At this price, I should be able to get 4260/61.20 = 69 shares and still have some change left over.
What is going on, how do I make this trade?