It varies from account to account. If the investor put in $100M or more, it can be pretty quick, like within one week. If he is putting in less than $100M, then the lesser amounts have to be aggregated before entering into trade. It is unpredictable how long that will take, but it is generally under one month. And when we say “aggregated”, remember, they’re not touching the investor’s principal; but they still have to aggregate the 1:1 lines of credit issued on the basis of the investor’s capital committed.
