DTCC and JPMorgan just set the on-chain schedule, but the pilot relies on a controversial “undo” button
If you’ve ever bought a stock and assumed you “owned it” the moment you hit confirm, you’ve already met the least glamorous part of markets: settlement. Settlement is the back-end handoff where the system ensures that the buyer’s cash and the seller’s security actually swap places for good, with no take-backs and no missing pieces....
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
