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Handling $7 billion in trades a day and grasping that size

At a recent reception for the Depository Trust & Clearing Corp., which houses a major part of its international operation in New Tampa, board chairman Robert Druskin tried to help folks grasp the mind-boggling fact the company handles more than a quadrillion dollars in equity stock trades each year.

That's quadrillion with a "q."

Druskin explained that the number averages out to about $7 billion each business day, or about half of the U.S. annual gross domestic product.

Mind still boggled. …

Seen on a bumper sticker: Except for Ending Slavery, Fascism, Nazism and Communism, War Has Never Solved Anything. …

Greenlight Pinellas' Young Professionals team has organized a Bus Stop Pub Hop for Saturday. It aims to showcase the safety of using public transportation for a night on the town while promoting the fact that the new Greenlight Pinellas plan will make it easier for bus riders to get home safely, even after midnight on weekends. RSVP at busstoppubhop.eventbrite.com. …

Kudos to Latin Times president Jolie Gonzalez-Padilla, honored Sunday by the Tampa Bay Buccaneers as part of Hispanic Heritage Month. …

Alpha House of Tampa's Artemis Guild presents a wine tasting and silent auction from 6 to 8 p.m. Thursday at Synovus Bank, 4488 W Boy Scout Blvd. …

I hope the people who stole gardening equipment from Clearwater's Homeless Emergency Project see the August story about California burglars who returned stolen computers after realizing they had ripped off a nonprofit. Take the stuff back with an apology note.

That's all I'm saying.

Handling $7 billion in trades a day and grasping that size 09/29/13 [Last modified: Sunday, September 29, 2013 6:43pm]
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