How to navigate regional nuances that complicate T+1 in Europe
European and UK firms face unique challenges in moving to T+1 settlement, writes Broadridge’s Carl Bennett, and they will need to follow a series of steps to ensure successful adoption by 2027.
In the T+1 environment, the settlement period for most securities trades shortens from two business days after the trade date to just one.
This shift to a shortened settlement cycle is widely seen as a critical step for the financial services sector at a time when markets are changing and accelerating.
It’s crucial that firms simplify the trade life cycle so they are no longer solving problems 24 hours later. Instead, they should be solving them in the trade support areas and reducing the number
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