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by gruez 1784 days ago
> 1) The NSCC (DTCC) confirmed that all parties met their depository requirements.

...the morning of. The deposit requirements will go up as customers place more trades.

>a depository requirement change is not an extenuating circumstance in the least. That is part and parcel of this business.

If it's a 99 percentile event that nobody could have saw coming happened, why shouldn't it be an extenuating circumstance? Keep in mind, they're a discount brokerage. It's like getting mad that your vps from a lowendbox provider had a few days of downtime because their raid6 had 2 disk failures.