DTCC and S&P Global collaborate on joint T+1 solution
The T+1 service aims to support clients impacted by the upcoming T+1 settlement deadline set forth by the US Securities and Exchange Commission (SEC) slated for 28 May 2024.
The T+1 service aims to support clients impacted by the upcoming T+1 settlement deadline set forth by the US Securities and Exchange Commission (SEC) slated for 28 May 2024.
SIFMA, ICI and DTCC reprise their roles from the mid-2010s in shortening the US securities settlement cycle, this time to T+1.