The amendment promotes the completion of allocations, confirmations, and affirmations by the end of trade date for municipal securities transactions.
February 9, 2024The consultation paper proposes that T+0 settlement would be optional alongside the existing T+1 settlement system.
December 26, 2023SEBI will implement same day settlement in equities trading by March 2024, and optional instantaneous settlement a year later.
November 29, 2023The platform, known as FINI, shortens the IPO settlement cycle from five days to two days, lowering risks for issuers and investors.
November 23, 2023European and APAC firms that act quickly to prepare for T+1 settlement in North America would gain a competitive advantage, writes Javier Hernani Burzaco.
November 20, 2023Yuichiro Araki discusses operational considerations for Japanese investment managers preparing for an accelerated US settlement cycle.
November 17, 2023CSA seeks feedback on amendments to allow mutual funds to voluntarily adopt T+1 settlement for subscription and redemption.
October 20, 2023ESMA said it is looking to consider "all the possibilities for a shortened settlement cycle, including both T+1 and T+0".
October 9, 2023The "streamlined procedures" are part of the SEC's efforts to encourage more companies to tap the capital markets.
September 29, 2023India just completed a move from T+2 to T+1 settlement in January. Reportedly, implementation of one-hour settlement is likely by March 2024.
September 6, 2023