The move to T+1: this time is different
This white paper, created by Broadridge, focuses on leveraging robotic process automation and AI to ensure a smooth transition from T+2 to T+1 settlement.
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This white paper, created by Broadridge, focuses on leveraging robotic process automation and AI to ensure a smooth transition from T+2 to T+1 settlement.
Indian Stock Market: Sebi plans to enable 1-hour settlement of share purchases in demat accounts by the end of 2023-24, before shifting to the ambitious instant settlement system
Trading tokenised versions of currencies on blockchain could slash settlement risk but sceptics raise concerns over liquidity and pricing
For the unversed, Sebi has shortened the settlement cycle to trade day-plus-one (T+1) from T+2 in January this year. The regulator also announced that it would move to a T+1 settlement cycle for all scrips, effective October 1, 2023.
Non-US asset managers may miss crucial window to settle trades with CLS after switch from T+2 to T+1