When you make a trade with HAA, you are provided with an “indicative” price for that trade. That price is an estimate based on the average value.
The price for your trade will then be confirmed during trading hours when it is executed with one of suppliers. At that time your price is locked and your order is considered “confirmed”.
Your transactions will be posted to your account immediately upon placing an order and updated to reflect their status as pending, confirmed, and finally settled. Settlement occurs when cash and metals actually change hands between your account and our supplier network, and almost always occurs at the end of the second business day . Variable weight bars will not receive final confirmation until weight/serial/brand for that bar is confirmed?
Price changes after your purchase will not affect your order; once your trade has been accepted and executed by one of our suppliers, your price has been locked in, regardless of price movement between trade execution and settlement.
The proceeds of trades – whether cash or metals -- are typically available for additional trading within a few minutes of confirmation. However, you cannot take a withdrawal or delivery until the trade is settled.