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07/05/2024Prescient Fund Services (Ireland)

T+1: making sure all the boxes are ticked

The introduction of T+1 trade settlement in the US, Canada and Mexico is projected for May. The shift from T+2 was partly prompted by the volatility in stocks during the pandemic. The US regulator, the SEC, is keen to provide a more secure and predictable environment for trade settlement that can cope with future high levels of volatility in US stocks.

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