Originally Posted by donheff
Purchasing VG funds from Prime Moneymarket is an exchange. My exchanges always show up the next morning so I assumed they executed the same day after the market close or at midnight. Do they execute some later in the following day?
Vanguard came through for me!!
Sometime in the middle of the night, they purchased/exchanged the funds I asked for, using the money from Prime Money Market as I requested and using yesterday's closing prices, as I had hoped.
So, I got what I consider to be some great bargains (relative to the market so far this summer), just as I had hoped to get. I guess that I was worrying about nothing.