Traders Magazine
DTCC Proposes Approach to Shortening U.S. Settlement Cycle to T+1 Within 2 Years
New white paper highlights the benefits of moving to a T+1 settlement cycle, and details plan to continue building industry support
Paper also provides updates on efforts already underway to increase settlement efficiency and reduce risk
New York/London/Hong Kong/Singapore/Sydney, 24 February 2021 ‒ The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today released a two-year industry roadmap for shortening the settlement cycle for U.S. equities to one business day after the trade is executed (T+1). In its latest paper,
DTCC Proposes Approach To Shortening U.S. Settlement Cycle To T+1 Within 2 Years- New White Paper Highlights The Benefits Of Moving To A T+1 Settlement Cycle, And Details Plan To Continue Building Industry Support - Paper Also Provides Updates On Efforts Already Underway To Increase Settlement Efficiency And Reduce Risk
DTCC Proposes Approach To Shortening U.S. Settlement Cycle To T+1 Within 2 Years- New White Paper Highlights The Benefits Of Moving To A T+1 Settlement Cycle, And Details Plan To Continue Building Industry Support - Paper Also Provides Updates On Efforts Already Underway To Increase Settlement Efficiency And Reduce Risk