Who do you think should pay for the network?Just eliminate the brokers and the clearing houses entirely. Have a completely peer to peer trading network. No fees. No settlement dates. No market makers. No spread.
Sounds like you don't understand how the system works.I just went through it with my broker doing the Norbit gambit...I bought DLR and journaled it over to US, sold it and withdrew the funds. Then they try to say I have to pay them interest on the money I withdrew because it didn't settle yet. I'm like "that sounds like a you problem."
I didn't even use any margin. It's like don't try to charge me interest on money you didn't even lend me technically. Total fing racket.
I'll bet you didn't even read the user agreement you agreed to when you opened your account.
Stop whining!!