US same day settlement ‘not a good idea’ despite technological advancement
The TRADE
JANUARY 4, 2024
In a letter to ESMA, the Association for Financial Markets in Europe (AFME) was against the immediate shift to T+0, stating: “We emphasise that we do not consider a default T+0 settlement cycle for securities transactions to be a realistic or desirable near-term policy objective.” to just over £2.6 asset-backed securities)”.
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