Note that since splits and dividends are not credited until after the market close, it is possible that an order will execute before the split has been applied. The stock will be credited to your account when the split is applied. No margin buying or short selling is allowed. Although some mutual funds allow short selling, the practice is limited and restrictive. The Federal Funds rate is updated monthly.
Interest is calculated and debited daily.
Unfilled balances of working orders may be canceled or modified by participants. However, cancellations or changes of working orders are subject to verification by Marketocracy's trading system. Marketocracy reserves the right to deny cancellation or modification of orders for stocks trading in unusual or fast market conditions. Splits, consolidations, takeovers, and de-listings will be accounted for at the end of each day. Account values may temporarily be misrepresented until reconciliation occurs.