March 3, 2022
This is a world of microsecond transactions, where there have been hundreds of billions invested into increasing trading speeds for the sake of profits. There is no motivation into even +1 settlement because it reduces opportunity for profits by the agencies behind the curtain of the market. Why can I have a video conference on the other side of the planet in real time, but not have 'real shares' delivered for several days? Why is this such a contested request, much like IEX's regulatory submission for slowing trading?