How does the recurring investment setting work?

The system places a market order around 10:30 AM ET on your chosen date. If the date falls on a non-trading day (weekend or market holiday), the order will be placed on the next business day.

Skipped investment cycles

An investment cycle will be skipped if:

1. The ticker is not available for trading.

2. Your account is restricted from trading.

3. There are insufficient funds in the account.

4. There is an open margin call or a potential margin call if the order is executed.