National Securities Clearing Corporation
BlackRock, BNY see T+1 success in industry collaboration, old frameworks
Industry testing and lessons from the last settlement change from T+3 to T+2 were some of the components that made the May transition run smoothly.
DTCC Proposes Measures to Further Reduce US Settlement Times
The two proposals could bring settlement down to a day-and-a-half from time of trade, but still need more feedback from the industry.
DTCC Seeks to Expand Real-Time Submission
With an eye on moving the industry forward and increasing efficiency in trade clearance submissions, the DTCC held a forum with the NSCC and industry participants focused on how to reduce risk and streamline the process.
SunGard Debuts SGN Global Fund Trading Solution
Release aims to facilitate cross-border trade.