I started to use NABtrade but assumed it would work like my other brokers where if you buy and then sell the next day the T+3 settlement amount was offset. Well got a call from NAB and my trades havent been settling because they have been trying the full amount on T+3.
I have been trading overnight on Ex div so does this mean I will also miss out on the dividend because I am not on the books? I checked the share registry and my holdings were never listed
Its crazy with NAB if a trade hasn't settled the available balance for trading does not change so you would never know about it and you can place more trades no problem