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Oh yeah, don't get me started on exchanges. I'm astounded at how bad their technical processes are. The ASX (Australian Stock Exchange) has something like a 3 d
by spangry 10y ago
Oh yeah, don't get me started on exchanges. I'm astounded at how bad their technical processes are. The ASX (Australian Stock Exchange) has something like a 3 day time to settlement. And I'm told it's one of the more 'modern' exchanges (I guess the other ones are still using stock tickers and abacuses).
- meric 10y agoUnfortunately 2 days now. I appreciate the time to settlement because I could buy my shares and pay 2 days later. Sometimes it takes time to get funds from other accounts, and I wanted to buy (or sell) today, for example, when the quarterly just came out.