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Almost all US equities are settled by DTC. Settlement is not clearing, clearing firms still have obligations to DTC
by saddlerustle 6y ago
Almost 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...