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DTCC, ICI and SIFMA to do heavy lifting for shortened settlement for the U.S. market.
As FTF News recently reported, many market participants are of the opinion that – following the recent shift to a settlement cycle of trade day plus two days (T+2) in Europe – the same shift is inevitable in the US, which operates on a settlement cycle of trade day plus three days (T+3). Now, with...
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