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Non-Tech : Home Solutions of America (HSOA), The best is yet to come

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To: FHM who wrote (72)	7/21/2006 12:41:23 AM
From: FHM	Read Replies (3) of 20808

another source: dtcc.com of particular interest: "The Stock Borrow Program allows participants to lend NSCC available stocks and fixed income securities from their account at The Depository Trust Company (DTC), to cover temporary shortfalls in NSCC's Continuous Net Settlement (CNS) System. *** How the service works By early evening on each business day, participants forward to NSCC a list of securities that are available for borrowing. The list can be transmitted via CPU-to-CPU link or PCWeb Direct. Early in the morning on the following business day, NSCC determines the securities obligations that remain open after CNS clearance processing. NSCC then attempts to satisfy these obligations by borrowing from participants in the Stock Borrow Program."

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