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> Government, though. Equities clearing and settlement is done privately: * https://en.wikipedia.org/wiki/Depository_Trust_%26_Clearing_Corporation https://en
by throw0101a 6y ago
> Government, though.
Equities clearing and settlement is done privately:
* https://en.wikipedia.org/wiki/Depository_Trust_%26_Clearing_Corporation https://en.wikipedia.org/wiki/Depository_Trust_%26_Clearing_...
If the members of the DTCC want to have it done faster, they'll request it. There's been talk, but it involves everyone agreeing to it and changing their internal workflows as well AFAICT.
- deleted 6y ago[deleted]