Factoids:
DTCC seamlessly processed a record 209 million sides on Friday, October 10, 2008 — a 15% increase over the previous record of 182 million achieved last month.
More than 19 billion shares changed hands on October 10, 2008, in trading on the major markets.
DTCC’s clearing subsidiary nets down financial obligations requiring settlement by as much as 99% on peak volume days.
DTCC is able to handle extreme market spikes because it has invested over the years in its technology infrastructure, which can handle 450 million sides per day.
DTCC members pay the lowest equity clearance fees in the world – just about a third of a penny per side.
DTCC Processes Record Volume of 209 Million Transactions During Turbulent Trading Week