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EU markets need to commit to catch up with US on T+1

Financial Times LogoFinancial Times14h ago

EU markets need to commit to catch up with US on T+1 - Financial Times

Quick Summary:

Under the new T+1 regime in the US, 95 per cent of transactions are affirmed on the trade date itself, a marked improvement on the 73 per cent rate recorded in January 2024.

For investors, this means lower trading costs and more efficient use of capital.

A shorter settlement cycle also will lower costs and improve capital efficiency, reducing the need for collateral.


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EU markets need to commit to catch up with US on T+1 - Financial Times (Picture 1)

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Article Details

Author / Journalist: Eric Pan

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 04:00:44 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 769 words

Reading Time: 5 minutes read

Sentences: 51 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23114363

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 13 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

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  • URL: https://beamstart.com/news/eu-markets-need-to-commit-17292259691251

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