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Trading is essentially an activity of showing numbers on a screen between funds deposits and funds withdrawal. Traders are playing with numbers. No one actuall
by gesman 8y ago
Trading is essentially an activity of showing numbers on a screen between funds deposits and funds withdrawal.
Traders are playing with numbers. No one actually expects the paper shares to be mailed after stock purchase.
Brokerage guarantees successful withdrawal event - and if not - then it's a present and clear fraud.
So if brokerage does not actually do anything, but properly updates the numbers on the screen according to security prices and commission schedules + guarantees proper handling of deposit/withdrawals - no one essentially cares?