The TRADE

MARCH 28, 2024

The UK’s Accelerated Settlement Taskforce has recommended a two-phased approach to shortening the settlement cycle beginning with operational changes in 2025 and a full transition by the end of 2027. More than 80 trade associations and industry participants have volunteered to support the Technical Group.

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The TRADE

OCTOBER 14, 2024

In a new report, the task force stated that this followed a range of views being expressed as to whether the date identified for the UK transition, H2 2027, could also be a feasible implementation date for the EU. In addition, pre-settlement matching was noted as being essential to identify and remediate potential issues as soon as possible.

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Trading Capital Market Collaboration Consulting 69

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. A collective effort Looking at the key takeaways, Gensler stressed that the settlement transition requires market collaboration.

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The TRADE

FEBRUARY 11, 2025

Euronext and Euroclear have collaborated to support the development of Euronext Clearings collateral management services for repo and other asset classes. Collaborating with Euroclear will come as part of the release of Euronexts new repo clearing offering in June 2025, enabling the onboarding of clients with an updated risk framework.

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The TRADE

MARCH 17, 2025

BME has announced a reform to Spain’s securities settlement system to improve efficiency, align the Spanish market with European standards, and prepare it for the T+1 settlement cycle by 2027. The post BME implements new reform to bolster Spanish settlement system appeared first on The TRADE.

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Trading Negotiation Securities Capital Market 64

The TRADE

FEBRUARY 24, 2025

The UK will move to T+1 on 11 October 2027, in line with the EU and Switzerland. However, the challenge currently lies in ensuring a successful migration by October 2027. Firms must act early to review and adapt their post-trade operations to ensure a seamless transition.

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