The Sliding Scale for Global Settlement Cycles

There is currently a global trend towards reducing settlement cycles with the general aim of lowering market risk, providing more stability, improving liquidity, and streamlining operations.

Some market participants have also considered the future landscape of ‘atomic settlements’, otherwise described as T+0.

In this article we start with the lead up to, and the point at which the U.S. changes to T+1 settlement went live. Following that, we look at the outcome of that change.

Finally, we look at what other jurisdictions such as the European Union, the UK and Australia may be proposing further down the line.


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