EU watchdogs launch new governance structure to support T+1 transition
The move is set to support the shift to T+1 through overseeing and managing the key elements of the transition, currently set for October 2027.
The move is set to support the shift to T+1 through overseeing and managing the key elements of the transition, currently set for October 2027.
October 2027 date is set to be the consensus between the EU, Switzerland and the UK.
New solution leverages generative AI and natural language interactions to provide instant reports, data visualisation and summaries.
The scheme will meet the US Treasury repo clearing requirement which is scheduled to be introduced by the US Securities and Exchange Commission in June 2026.
Industry experts from the FIX Trading Community, Broadridge Trading and Connectivity Solutions, Meritsoft, and CLS provide an additional view on the post-trade landscape, including the lasting significance of the shift to T+1, the importance of enhanced operational capabilities, and the need for increased technological innovations.
Industry experts from Cboe, CLS, and STP Investment Services speak to The TRADE to share their insights on the post-trade sphere, touching on the importance of regulators, the impacts of technological innovation in this stage of the workflow, and of course what to bear in mind following the shift to T+1.
Appointment will coordinate the work of the industry, acting as the link between various market participants.
LCH said the move will enable Morgan Stanley’s clients to benefit from margin offsets and operational efficiencies by accessing a broader range of cleared credit default swaps (CDS) products.
The development will provide a service for European SFT transactions in cash equities and ETFs, including central clearing, settlement and post-trade lifecycle management.
Migration aligns with the UK’s proposed switch, with ESMA pointing to the efficiency and resiliency benefits of the move.