The TRADE

JULY 3, 2024

Given that the settlement cycle is now shorter in the US trading volumes on a Thursday have dropped off significantly thanks to funding requirements that require brokers to fund a position for an additional three days on Friday, Saturday and Sunday given the slightly longer settlement cycle in Europe, the UK, and most of Asia Pacific.

Trading 59

Trading Broker Funds Investment Manager 59

The TRADE

JUNE 21, 2024

The current timeline for the UK appears to include a plan being put in place in 2025 with the implementation of a T+1 settlement cycle in UK occurring no later than 31 December 2027. Mutual funds and ETFs in the US have largely adopted a one-day settlement cycle by business practice, aligning portfolios from treasuries to equities.

Trading 64

Trading Asset Management Management Securities 64

The TRADE

FEBRUARY 9, 2024

One trader for full-time responsibilities, and a backup for BCP (Business Continuity Planning) purposes or holidays, etc. In the current state with T+2 you have 48 hours to execute a security trade, match that trade with brokers, execute the FX and get everything settled. This is very much an operational challenge.

Asset Management 64

Asset Management Trading Management Accountant 64

The TRADE

FEBRUARY 25, 2025

A shrinking number of brokers are accounting for over half of trading activity in Europe, a new report by Coalition Greenwich has found. Around 20% of trading activity is executed with the top broker, while 60% is executed with the top five brokers, Coalition Greenwich has suggested.

Broker 59

Broker Equities Electronics Trading 59