Thursday, December 30, 2021 11:02:38 AM
There is no such thing as "air shares", without delivery of shares there is a failure to deliver, this causes a deficit of credits and shows up in the FTD report.
No different than your bank account, you pay for an item, you dont receive it, you are now out the item due to a Failure to Deliver. Not difficult to understand the concept, you paid for shares and no shares were delivered, results in an FTD.
THE REAL DTCC DISCUSSION
http://investorshub.advfn.com/boards/board.aspx?board_id=23867
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