3 ms·
Because the trade isn’t instant. It takes 2 days to settle the clearinghouse during which time RH has to put down cash as collateral that they won’t go bankrupt
by ABeeSea 6y ago
Because the trade isn’t instant. It takes 2 days to settle the clearinghouse during which time RH has to put down cash as collateral that they won’t go bankrupt in those two days.