44 ms·
Go ask Apex Holdings. https://twitter.com/public/status/1354826467184578571?s=21 https://twitter.com/public/status/1354826467184578571?s=21
by sroussey 6y ago
Go ask Apex Holdings.
https://twitter.com/public/status/1354826467184578571?s=21 https://twitter.com/public/status/1354826467184578571?s=21
- LatteLazy 6y agoThis whole thing is a confusing mess. Do you know why Apex Holdings decided that? Why would a clearing firm do that, they're at no risk afaik...
- saddlerustle 6y agoAlmost all US equities are settled by DTC. Settlement is not clearing, clearing firms still have obligations to DTC
- LatteLazy 6y agoThanks, but I'm still left wondering: why would dtc be unable to settle those trades? It seems like it would be easier for dtc to settle RobinHood trades if they were all (worst case) in one symbol than it is when clients trade 101 different names...