4 ms·
not necessarily, money has velocity; market participants don't have $145B to spend, they spend a fraction of that and then reconcile balances at the end of the
by huac 7y ago
not necessarily, money has velocity; market participants don't have $145B to spend, they spend a fraction of that and then reconcile balances at the end of the day.
see https://en.wikipedia.org/wiki/Clearing_(finance) https://en.wikipedia.org/wiki/Clearing_(finance)