FX liquidity test looms as North American T+1 settlement arrives
T+1 settlement for North American securities is almost here, with major implications for the FX market.
T+1 settlement for North American securities is almost here, with major implications for the FX market.
DTCC today announced that Sumitomo Mitsui Trust Asset Management is leveraging DTCC’s Institutional Trade Processing (ITP) suite of services.
CLS has issued an update on the potential change to CLSSettlement timelines following the move to T+1 securities settlement.
Saxo Bank has issued a notice to its white label (WL) partners about the upcoming switch of US and Canadian markets to T+1 settlement.
The Financial Industry Regulatory Authority (FINRA) has adopted amendments to conform its rules to the SEC’s amendments to Rule 15c6-1.
To support this change, all Cboe U.S. Equities Exchanges will facilitate T+1 testing beginning December 4, 2023.
DTCC launches an ALERT API suite, providing new way for industry to request and receive SSI and market availability data.
The European Securities and Markets Authority (ESMA) today launched a Call for Evidence (CfE) on the shortening of the settlement cycle.
The SEC adopts final rules that will shorten process for settling securities transactions from two business days to one.
The move to a T+1 settlement cycle in Canada is expected to occur in 2024, at the same time as the markets in the United States.