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S Raghavasuresh

Industry Advisor
TCS
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S Raghavasuresh

The US shift to T plus 1: What Next?

The US market successfully moved to the T+1 settlement cycle on May 28, 2024, after three years of effort. According to a Depository Trust & Clearing Corporation (DTCC) report, more than 94% of the transactions were affirmed before 9:00 PM ET on trade date, a significant improvement over the affirmation rate of 73% in Jan 2024. Prime broke...

14 June 2024

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