What time do trades settle with T+1 settlement


Curious to know, what time do trades settle with T+1 settlement? As in, I sold quite a decent chunk of my portfolio yesterday (which was leveraged but the sales took it out of margin) but yet because the funds haven't settled it appears I still have very little buying power. So if today is settlement, is that 9:30 am, 4 pm, noon? When should my buying power be restored? I'm with Schwab.


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