Exchange orders submitted before 4:00 PM EST will be traded the same day on a best effort basis.
Exchange orders submitted by fax, mail, or via internet after 4:00 PM EST will be traded the next business day.
The next business day policy is guaranteed only if the mutual fund companies and clearing broker involved accept and settle the trade by the next business day (T+1).
Slavic will not be responsible for the timing, only the accuracy of your trade.
The above policy is still subject to the 14 day error notification policy following the mailing of your statement.
To receive compensation for any trading error, you must notify Slavic in a timely fashion to allow for correction to minimize damages, if any.
Settlement variances resulting from trades executing at a revised NAV, executing at a date later than the initial trade request or requiring resubmission due to timing issues at the fund are maintained in a settlement variance account in the DSI trust.
Slavic does not benefit from gains due to settlement variances.
Please note that no trades will be placed on holidays the market is closed.