AMC FTDs Top 51.6 Million This Year Through June
AMC’s FTDs have skyrocketed this year. These FTDs (failure-to-deliver) are millions of orders unaccounted for in the lit market. An FTD happens when a party is unable to deliver a tradable asset or meet a contractual obligation in a transaction.…
Market News: NSCC-2022-003 Approved
NSCC-2022-003 has been APPROVED. The filing replaced NSCC-2021-010 which was withdrawn on March 25th of 2022. The rule aims at providing a more stable environment for market participants and I’m going to break it all down below. Let’s get…
