Tag: T+2

Where next for settlement cycles?

There was an interesting discussion at the Global Custody Forum yesterday, where I chaired a panel session on settlement cycles. While the migration to T+2 in Europe has gone extremely smoothly, there is now a difference between settlement periods in

Posted in Clearing & Settlement, CSD, Operations & Operational Efficiency Tagged with: , , ,

T+2 in Europe: move along, nothing to see

The European CSDs Association (ECSDA) has published a very clear analysis of what happened when the European markets moved to T+2 settlement. The short answer is: Nothing. In most markets settlement performance continued unchanged or even improved during over the

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Shortening the settlement cycle from T+3 to T+2

The majority of European securities markets will shorten their settlement cycles by one day from 6 October, moving from T+3 settlement to T+2. Germany already settles on T+2. In Spain the fixed income market will move on 6 October, but

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