Securities finance

DTCC urges affirmation focus ahead of T+1 move

On May 28, large numbers of securities transacted across the North American marketplace will be required to settle one day after they are executed. DTCC is urging all market participants to scrutinize their existing technology and operational procedures,…

T+1: Cash and liquidity management functions impacted

The reduction of settlement times from T+2 to T+1 for many US securities, set to come into force at the end of May 2024, is likely to impact a number of business processes across the sell side. Nadeem Shamim, head of cash and liquidity management at…