When does Origin buy or sell investments?

This depends on the type of investment account opened. For an auto index account, initial trades generally take place the next day that the stock market is open after the cash arrives in the account. Automatic rebalancing will occur at most once a day when the asset allocation has deviated too much from the target asset mix for your account. Should you decide to make a withdrawal, sell orders will be placed for the next day to free up enough cash to cover your withdrawal.

For a stock bundle account, it is slightly more nuanced. For accounts linked via one of our aggregators, we are generally able to verify funds in your bank account. This allows us to place trades prior to the cash arriving in the account. This means that if you place a bundle order, the trades can happen immediately if the market is open. If the market is not open, the trades will take place when the market opens. If your account is linked via routing and account number (very uncommon), Origin is generally unable to verify funds, in which case, you must transfer cash to your account first, then place trades after the cash has settled.

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