NOT FOR REPRINT
Wall Street Is Worried Over T+1's Quicker Settlement Time
By
Janet Levaux
Analysis May 19, 2024 at 10:31 PM
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What You Need To Know
- A spike in the number of failed trades, operational glitches and additional costs are among industry fears as the trading process accelerates.
- The T+1 regime increases the chance of failures because the compressed timeframe makes it harder for buyers and sellers to ensure their funds and securities are ready.
- The U.S. switch also means it's leaving other jurisdictions behind, which is a headache for many investment vehicles operating across borders.
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