InvestorsHub Logo

MC33

09/30/11 2:16 AM

#60300 RE: Bernanke_nomics #60296

TYTN is still dtcc eligible. Meaning their shares are still electronically traded. If i remember correctly, When a stock becomes non-dtcc eligible, that is when the cost to trade goes up and a paper trail is kept. Trade for trade is still electronically done, however it uses a separate system that pays closer attention to how shares are bought and sold. Margin accounts can not be used in trade for trade settlements. That is why same day trades can not be done and also why shorting can not be done. IMO it is going to interesting for the next week. Not sure what to expect. GLTA