Is T+1 Still Worth It?
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After ten years of STP investment, there are now high STP rates for simple trades, but automation
is still unacceptably low for cross-border trades, says Andrew Muir, global securities solution director, Mercator.
This low level of STP in cross border-trading could threaten the successful transition to T+1 on time. So--is T+1 still worth shooting for?
It is noteworthy that twelve months into a global technology recession, the cost of introducing T+1 is still regarded as acceptable. The sages of
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