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Re: John Q Trader post# 2729

Tuesday, 08/20/2013 5:29:04 PM

Tuesday, August 20, 2013 5:29:04 PM

Post# of 3731
No, you are wrong. A chill does not mean ALL brokers would not touch this symbol, but a freeze does, for the freeze period.

Also, for practical applications DTC and DTCC serve the same semantic function :

"Established in 1999, the DTCC is a holding company consisting of 5 clearing corporations and 1 depository, making it the world's largest financial services corporation dealing in post trade transactions.

Investopedia Says:
Owned by its principal users, the DTCC's function is to integrate the NSCC and DTC, streamlining clearing and depository transactions in attempts to reduce cost and increase capital efficiency."

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