Make us your home page

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

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 …

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]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. VIDEO: Obamacare is "death,' President Trump says


    WASHINGTON — President Donald Trump on Monday made a late-hour appeal to senators — targeting members of his own party — to move forward with debate over faltering Republican legislation to overhaul the Affordable Care Act.

    President Donald Trump speaks about healthcare, Monday, July 24, 2017, in the Blue Room of the White House in Washington.[Alex Brandon | Associated Press]
  2. Dragon ride in Harry Potter section of Universal closing for new themed ride


    Universal Orlando announced Monday that it will close Dragon Challenge for a new "highly themed" Harry Potter ride to open in 2019 — sending wizard fans into a guessing game with hopes for a Floo Powder Network or the maze from the Triwizard Tournament.

    Universal Orlando announced Monday that it will close Dragon Challenge on Sept. 5 for a new "highly themed" Harry Potter ride to open in 2019. The ride, originally the Dueling Dragons roller coaster, was renamed and incorporated into the Wizarding World of Harry Potter when the hugely popular area opened in 2010.
  3. CDC changes Zika virus guidance for pregnant women

    Federal health officials are changing their testing recommendations for pregnant women who may be exposed to the Zika virus through travel or sex or because of where they live.

  4. Necropsy confirms drowning as Snooty the manatee's cause of death

    Human Interest

    BRADENTON— The South Florida museum aquarium will re-open Tuesday and grief counselors will be available after the untimely death of beloved manatee Snooty.

    Snooty, the Manatee County mascot, turned 60 in 2008. Hundreds of people came to the Parker Manatee Aquarium to see Snooty at his birthday party. He was the first manatee to have a recorded birth date on July 21, 1948.

 [Times (2008)]
  5. Charlie Gard's parents withdraw legal action over their sick baby


    LONDON — The parents of critically ill baby Charlie Gard dropped their legal bid Monday to send him to the United States for experimental treatment after new medical tests showed it could no longer help.

    Chris Gard and Connie Yates, the parents of critically ill infant Charlie Gard, arrive at the Royal Courts of Justice in London ahead of the latest High Court hearing in London Monday July 24, 2017. They  returned  to the court for the latest stage in their effort to seek permission to take the child to the United States for medical treatment. Britain's High Court is considering new evidence in the case of Charlie Gard. The 11-month-old has a rare genetic condition, and his parents want to take him to America to receive an experimental treatment. [Jonathan Brady | PA via AP]