Euroclear extends instruction deadline ahead of UK’s T+1 shift
The update aligns with taskforce recommendation to improve market readiness.
Tag: T+1
Settlement failure costs could soar into the billions under T+1 without automation and strong data standards
Strong data standards and automation are key to a smooth T+1 shift, but adoption and enforcement can pose challenges, agreed experts at Euroclear’s Modernising Securities Markets conference.
The T+1 Thursday conundrum pushing instantaneous settlement on traders
Following a similar issue with the US move to T+1, the second iteration of Thursday conundrum for ETFs trades has emerged as divergent settlement systems around the globe continue to cause headaches for traders.
TORA preps for shorter settlement cycle with new tool
TORA Ticketing also provides pre- and post-trade allocation, commission management and trade reconciliation.