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To: Wayners who wrote (977)9/5/2000 4:52:50 PM
From: LPS5  Respond to of 1426
 
Can you give me an example?

LPS5



To: Wayners who wrote (977)9/5/2000 6:48:15 PM
From: dli  Respond to of 1426
 
Aren't cases like that taken care of by the NSCC. I think I remember reading somewhere that the NSCC maintains a guarantee pool of about $2 billion to resolve situations where a party fails to deliver on a trade.

Dave


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