Connect with us

Business

GameStop’s January Trading Halt — and the Search for a Fix – Barron’s

The DTCC announced that it expects to be able to shorten the time between when a trade takes place and when it is finalized to one day from two.

Published

on

Article feature image
ADVERTISEMENT

The Depository Trust & Clearing Corporation (DTCC) announced on Wednesday that it expects to be able to shorten the time between when a trade takes place and when it is finalizedknown as settlementto one day from two. The DTCC is the most powerful clearinghouse in the market, and serves as a hub where buyers and sellers go to finalize and record their trades.Robinhood, which relies on a subsidiary of the DTCC called the National Securities Clearing Corporation (NSCC) to clear its trades, stopped…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
‘They just shot my baby,’ says father, moments after 7-year-old daughter killed at McDonald’s in Homan Square – Chicago Sun-Times
Article feature image
Consumer Safety Agency Warns People With Children To Stop Using The Peloton Tread+ – NPR
Article feature image
Refreshed 2021 Tesla Model S: How Much Has Changed? – InsideEVs