3 ms·
That's not right. Brokers and DRS hold shares, not exchanges. If Exchanges held shares, "settlement" delays would not exist.
by lupire 4y ago
That's not right. Brokers and DRS hold shares, not exchanges. If Exchanges held shares, "settlement" delays would not exist.
- yieldcrv 4y agoaccurate, making no difference in anything I wrote about the user experience. custody is simulated by the exchange, and demands for self-custody is initiated at the exchange.