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A white paper with a detailed timeline, considerations and best practices for the move to T+2 in may be ready by early June.
The initial results of the industry-wide initiative for adoption of the T+2 (trade day plus two days) settlement cycle in the U.S. will be outlined in a white paper due out in early June rather than this month, confirms a DTCC official. Last fall, the DTCC and other industry groups unveiled the T+2 initiative for...
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