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Published 01:28 IST, September 5th 2024
Faster US settlement hit harder than expected: Survey
In May, the US cut the settlement cycle to one business day for equities and bonds, down from two days.
Market adjustments to the US T+1 settlement cycle have exceeded expectations, with Europe facing significant challenges due to the faster settlement requirements. | Image:
Shutterstock
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01:28 IST, September 5th 2024