Move to T+1 settlement for US equities all but assured after key stakeholders give approval
A shift to T+1 looks all the more likely after three organisations representing banks and brokers conclude that the benefits outweigh challenges.
A shift to T+1 looks all the more likely after three organisations representing banks and brokers conclude that the benefits outweigh challenges.
SIFMA, ICI and DTCC reprise their roles from the mid-2010s in shortening the US securities settlement cycle, this time to T+1.