T+2 May Travel to U.S. - While Europe makes the transition to T+2 settlement, efforts are underway to make T+2 a reality in the U.S. Depository Trust & Clearing Corp. has formed an industry steering committee and an industry working group to facilitate the move to shorten the settlement cycle in the U.S. for trades in equities, corporate and municipal bonds, and unit investment trusts. The move from the current three-day settlement cycle, referred to as “T+3,” to a two-... ow.ly/2Ssd5t
Posted on: Tue, 23 Dec 2014 00:03:53 +0000
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