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A Comparative Analysis Of The Settlement Process In The Securities Industry, Woody D. Johnson

Theses

This thesis will focus on the settlement process in the securities industry and the different methods and frequencies by which securities firms disburse payments to their customers.

Many brokerage firms have realized the value of technological advancements in cash management services and have invested large dollars in their systems capabilities to remain competitive . Other firms do not have the resources to invest in such systems. To stay competitive, many firms are now looking at customer service, focusing on customer payments as a marketing tool.

Historically, securities firms exploited the financial success in their customers' accounts to offset the lack …