Wall Street Nets Trades Before Settlement. Solana Is Testing a Different Trade-Off
Wall Street processes enormous trading volumes without moving the gross value of every transaction between buyers and sellers.That is not an accident.Clearing infrastructure allows obligations to offset one another before final settlement. If one institution owes another $100 million while it is due to receive $90 million from the same system, the market does not necessarily need to move $190 million between them.Netting can dramatically reduce what ultimately has to be delivered.The Depository
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