Tagged: t+1

The UK Financial Conduct Authority Worries About T+1 Settlement Scheduled for October 2027

The UK Financial Conduct Authority is concerned that financial services firms are not prepared for the transition to T+1, scheduled for October 2027. In a recent post, the FCA states that it is seeing “challenges” and “complacency” among firms that the change will impact. “Remember,… Read More

European Union’s Transition to T+1 Could Transform Market Operations By 2027 : Analysis

The global financial landscape is undergoing a significant transformation as markets worldwide shift toward accelerated settlement cycles. In Europe, the move to T+1 settlement—where trades are settled one business day after execution—is set to reshape market operations by October 2027. Céline Duquaine, Euroclear’s Product Manager… Read More

BME Releases Guidelines with Keys for Transition of Spain to T+1 Settlement Cycle

BME has presented the Playbook Spain T+1, a document that compiles the conclusions reached by the Spanish task force on the transition to the T+1 settlement cycle. The migration project to T+1 involves “reducing the period between the execution of a trade and its settlement.”… Read More

DTCC Comments on T+1 Progress

DTCC is currently testing T +1 – the new standard for settling trades.  Currently, trades are settled T+2. The last change was in 2017 when traders had three days to settle their securities transactions. CI received a comment from DTCC Managing Director and General Manager,… Read More

DTCC, SIFMA, ICI Move Closer to T+1 Settlement

The Depository Trust & Clearing Corporation (DTCC), Securities Industry and Financial Markets Association (SIFMA) and the Investment Company Institute (ICI) have published a “playbook” on T+1 settlement. The T+1 Securities Settlement Industry Implementation Playbook outlines the approach to identifying the implementation activities, timelines, dependencies, and… Read More

The Depository Trust & Clearing Corporation Advocates Transition to T+1 Settlement

Following the Gamestop/Reddit/Robinhood melodrama, the discussion of when trades settle has become a topic of concern. Currently, if you purchase shares from a broker you must pay for those shares within two days of the trade (T+2), something the Securities and Exchange Commission adopted in… Read More

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