All trade orders, buy and sell, are executed at the close of the stock market. This is 4 PM ET*.
If your trade is entered into your Stockpile account after 3 PM ET on a market/business day, your order will be placed at 4 PM on the next business day.
For sell trades, the cash will settled in your account in 2 business days. If you would like to learn more about T+2 settlement time, click here.
*The cut-off time is a little earlier if the market is closing early, for example, the day after Thanksgiving or Christmas Eve. If you would like to see the Market Calendar & Trading Hours, please click here.