DTCC Proposes Path to T+1 Settlement Cycle in Two Years
Burr Forman
FEBRUARY 25, 2021
Studies have shown an integrated settlement model could provide an 11% reduction in the volatility component of NSCC margin. By 2023: DTCC proposes the U.S. H2 2022: DTCC to begin transitioning to an enhanced settlement model that more closely integrates processes from DTCC’s equities clearing and settlement subsidiaries, NSCC and DTC.
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