I tried to google a simple quick answer to this, but couldn't seem to find the results I was looking for.
Let's say you had a brokerage account and you had a few long-term stock investments and you also did stuff like selling options here and there for income.
And it's all in X currency. Then they switch to Euro. What would have happened to any free cash in your brokerage account and any stock holdings you had?
Was it just like...automatically switched over? I'm just trying to wrap my head around what happens during a currency reset or any shift in currency.
Submitted November 21, 2021 at 04:06AM by Ahoomanbeanzz https://ift.tt/3FuETho