"Follow Your Money." DTCC clears most payments. $2 quadrillion each year. Submitted by Mark Twain 01/29/2013
Where does your money go?z DTCC knows. They settle bank to bank transactions. $2 quadrillion per annum (this page shows $1.66 quadrillion; varies by & by).
DTCC's depository provides custody and asset servicing for more than 3.6 million securities issues from the United States and 121 other countries and territories, valued at US $36.5 trillion. In 2010, DTCC settled nearly US $1.66 quadrillion in securities transactions.
Do you know where your money is?
Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul ☑
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