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But if he's making $0.0001 per share and he can only use his capital once every 3 days due to clearing, it is important.
by t0 13y ago
But if he's making $0.0001 per share and he can only use his capital once every 3 days due to clearing, it is important.
- bjcohen 13y agoI could be wrong, but I don't think that's how settlement works. Making a market would be impractical from a capital perspective for any players. I would assume DTCC nets out its exposure to each clearing member, at the very least.