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Here Today

06/15/21 5:04 PM

#362524 RE: petemantx #362519

T+1 will be a start to getting us closer to T+0. But the biggest rule change is the Margin Calling of HedgeFunds in order to make sure they have the liquidity to settle all their Shorted plays and not just keep fudging the numbers on paper and creating a massive list of FTD’s - Some traceable and some untraceable because of the formerly allowed Dark Pool which no one can answer when and if they truly ever do settle!
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Lemoncat

06/15/21 5:08 PM

#362525 RE: petemantx #362519

Blockchain is almost never the answer.

T+0 is the answer.

But none of this is relevant to IPIX.

Go IPIX!
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Longpicker

06/15/21 6:42 PM

#362528 RE: petemantx #362519

“… the agent must provide DTC with CUSIP-specific details for the payment before 2:50 p.m. on payable date, and that the details must match the amount of funds that are received by DTC no later than 3:00 p.m.

At least it seems there is a little more transparency, given the timing of the transaction.