Thu.Feb 25, 2021

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DTCC Proposes Path to T+1 Settlement Cycle in Two Years

Burr Forman

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.

Trade 52
article thumbnail

DTCC Proposes Path to T+1 Settlement Cycle in Two Years

Burr Forman

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.

Trade 40