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DalaiTom

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DalaiTom

Re: Sims84 post# 12309

Saturday, 08/06/2011 12:39:39 PM

Saturday, August 06, 2011 12:39:39 PM

Post# of 17528
I don't think that is right. It looks to me like starting on the 15th thru the 19th, the DTC is allowing brokers/market makers to clean up their books on the listed securities. They can take advantage of that period to settle any failed trades. It doesn't appear to me that it will effect the public trading the stock.
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