Equities clearing and settlement is done privately:
* https://en.wikipedia.org/wiki/Depository_Trust_%26_Clearing_...
If the members of the DTCC want to have it done faster, they'll request it. There's been talk, but it involves everyone agreeing to it and changing their internal workflows as well AFAICT.
Equities clearing and settlement is done privately:
* https://en.wikipedia.org/wiki/Depository_Trust_%26_Clearing_...
If the members of the DTCC want to have it done faster, they'll request it. There's been talk, but it involves everyone agreeing to it and changing their internal workflows as well AFAICT.