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Preparing for T+1: The global impact of North America’s move
As global securities markets prepare for shorter settlement cycles, what can data from the Swift network reveal about the potential impact of the move to T+1 in North America? SHARE In today’s world, speed is of the essence. From same-day deliveries to fast food, instant messaging, and instant payments – speed and efficiency is expected. It comes as little surprise, then, that many securities markets around the world are on the cusp of an automation-focused transition to shorter securities settlement cycles. The typical trade settlement period is set to drop from two days from the date of execution (T+2), to just ... (full story)