top of page

What's old is New Again!

Wall Street is returning to where it began. Back in the old days, that's way before the internet and before most people had telephones, Wall Street made people pay for their stock buys when they made them. You wanted to buy 100 shares of GM? Well, you needed to pay then. Over the years, as market activity grew, it was decided that in order to correctly settle all the new transactions that the settlement period for buying and selling securities would extend out to 5 business days.

As technology became faster that period has shrunk. First to two days and now back to one day.

Read on for a brief but interesting history, background and the potential pit falls and hurdles this return to the beginning are making on Wall Street.



Quantum Private Wealth LLC. is an investment adviser located in Tampa, Florida. Quantum Private Wealth LLC. is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Quantum Private Wealth LLC. only transacts business in states in which it is properly registered or is excluded or exempted from registration. A copy of Quantum Private Wealth's current written disclosure brochure filed with the SEC which discusses among other things, our business practices, services, and fees, is available through the SEC’s website at: www.adviserinfo.sec.gov.

Please note, the information provided in this document is for informational purposes only and investors should determine for themselves whether a particular service or product is suitable for their investment needs. Please refer to the disclosure and offering documents for further information concerning specific products or services.


24 views0 comments

Recent Posts

See All

So, you say Government Policies don't impact you...

In 2007 the real estate market was in a bubble. Prices were high, speculation was rampant (remember the story from the movie the Big Short about exotic dancers using cash to make down payments on mult

Did the bible have it right?

No... this is not a religious post. This is simply a reposting of Brain Wesbury's comments about the ridiculous idea that socialism works. So... give a man a fish and he eats for a day...teach him to

Comments


bottom of page