DTCC Proposes T+1 Settlement Cycle Within 2 Years : vimarsan

DTCC Proposes T+1 Settlement Cycle Within 2 Years


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, 

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