2027, Equities and Trading - Investment Banking Today

UK T+1 taskforce publishes recommendations ahead of proposed 2027 switch

The TRADE

SEPTEMBER 27, 2024

A full copy of the report can be found here. The post UK T+1 taskforce publishes recommendations ahead of proposed 2027 switch appeared first on The TRADE.

Consulting

Consulting Trading Finance Finance

Inside the UK’s blueprint for the move to T+1 settlement

The TRADE

OCTOBER 10, 2024

Following the US shift to T+1 settlement in May, the UK is gearing up for a 2027 shift and set to benefit from “second mover advantage” according to Andrew Douglas, chair of the T+1 technical group (TGT) of the UK Accelerated Settlement taskforce (AST).

Trading

Trading IT Capital Market Consulting

Fireside Friday with Brown Brothers Harriman’s… Brendan Burke

The TRADE

FEBRUARY 9, 2024

What are the costs associated with opening a North American FX trading desk? Each trader will need a terminal depending on the trading platform being used, which carries a considerable cost. All of that is the bare minimum set up and the cost of those items are necessary when considering opening a trading desk.

Asset Management

Asset Management Trading Management Accountant

SEC chair Gary Gensler urges UK to set T+1 transition date

The TRADE

JUNE 21, 2024

Transitioning to T+1 is a team effort involving thousands of market participants, including clearing houses, depositories, custodian banks, broker-dealers, investment advisors, self-regulatory organisations, stock exchanges, service providers, industry groups, trade associations, and regulators.

Trading

Trading Asset Management Management Securities

The Dividend Discount Model (DDM): The Black Sheep of Valuation?

Mergers and Inquisitions

MAY 3, 2023

And it values the company today based on the present value of its dividends and that potential future value (either the stock price or the Equity Value via the Terminal Value calculation). And Equity Real Estate Investment Trusts (REITs) must distribute almost all their Net Income, so the DDM can work well in REIT valuations.

Valuation

Valuation DCF Debt Financial Modeling

FCA welcomes UK taskforce final report on the move to T+1

The TRADE

FEBRUARY 20, 2025

On 6 February, the UKs Accelerated Settlement Taskforce (AST) published its report asserting a UK move to a T+1 settlement cycle by 11 October 2027, and listing a set of recommendations for the shift. The post FCA welcomes UK taskforce final report on the move to T+1 appeared first on The TRADE.

Trading

Trading Government Funds Corporation

Strong trading revenues sees Euronext achieve double digit revenue growth

The TRADE

FEBRUARY 13, 2025

Stephane Boujnah The trading venue saw full year revenue and income up 10% from 2023, totalling 1,627 billion. Overall trading revenue contributed towards this, growing 14% year-on-year to 559 million, driven by strong results within its fixed income and FX divisions, as well as solid growth in cash trading revenue.

Trading

Trading Equities Management Investment

Euronext pushes for ‘improved competitiveness’ through consolidation of settlement on its markets

The TRADE

MARCH 12, 2025

Euronext Amsterdam, Brussels and Paris are set to designate Euronext Securities as the central securities depository (CSD) for the settlement of equity trades from September 2026. At present, the settlement of equity trades in Europe is fragmented across over 30 different CSDs.

IT

IT Trading Capital Market Equities

European equities broker wallet stops shrinking, but concentration on the rise, report finds

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. According to Coalitions new research, the European equity commissions wallet grew 4% to $2.3 The concentration, Coalition Greenwich has found, is most prominent in the electronic trading sphere.

Broker

Broker Equities Electronics Trading

The TRADE predictions series 2025: Post-trade and the shift to T+1

The TRADE

DECEMBER 20, 2024

Whilst there will be continued focus on top-down changes, we will continue to advocate for market-led approaches which strengthen the existing competitive framework, particularly in cash equities clearing, allowing participants to prioritise initiatives which enhance their operational and capital efficiencies.

Trading

Trading Equities Capital Investment

UK taskforce publishes blueprint for T+1 transition

The TRADE

FEBRUARY 6, 2025

The plan includes a Code of Conduct for market participants, which confirms11 October 2027 will be the first trading date in UK cash equities forsettlementon aT+1cycle in line with the European Union and Switzerland. Primary regulation, UK CSDR, will be amended to reflect that T+1 will be mandatory from 11 October 2027.

Trading

Trading Bank Banking Government

T+1 will release £1 billion of margin in the UK, says BoE

The TRADE

FEBRUARY 24, 2025

Explaining the 1 billion figure, the BoE said the estimate relates to margin posted to support UK cash equities clearing and applies the approximate margin reductions seen in another jurisdiction which has transitioned to T+1 from T+2. The UK will move to T+1 on 11 October 2027, in line with the EU and Switzerland.

Trading

Trading Bank Banking Financial Market

Cooley’s 2023 Cross-Border M&A Year in Review: Navigating Choppy Waters into a More Buoyant 2024

Cooley M&A

JANUARY 25, 2024

In one of the most high-profile examples of this increased scrutiny, the US Federal Trade Commission (FTC) attempted to block Horizon Therapeutics’ $29.3 Deal momentum in the AI space was one of the main talking points for cross-border dealmaking in 2023, with some estimates projecting the overall market size will reach $407 billion by 2027.

M&A

M&A Mergers and Acquisitions Investment Government

Fireside Friday with… ING Bank’s Stephane Malrait

The TRADE

JANUARY 17, 2025

I think it’s similar to 2024 to some extent, the main challenges are going to be political and macroeconomic uncertainties and how that will impact traders trading strategy. Financial products are different in EM than in developed markets where products are more electronic, with more high frequency trading, etc.

Trading

Trading Consulting IT Financial Market

The TRADE predictions series 2025: The evolving regulatory landscape

The TRADE

DECEMBER 23, 2024

As the industry moves towards a consolidated tape and the looming T+1 deadline, established players will likely continue positioning themselves to expand their market share or protect their existing trading, data, and technology businesses. In 2025, we must challenge existing workflows and the status quo to innovate and compete globally.

Trading

Trading Capital Financial Institution Risk Management

Investment Banking Today

UK T+1 taskforce publishes recommendations ahead of proposed 2027 switch

Inside the UK’s blueprint for the move to T+1 settlement

Trending Sources

Fireside Friday with Brown Brothers Harriman’s… Brendan Burke

SEC chair Gary Gensler urges UK to set T+1 transition date

The Dividend Discount Model (DDM): The Black Sheep of Valuation?

FCA welcomes UK taskforce final report on the move to T+1

Strong trading revenues sees Euronext achieve double digit revenue growth

Euronext pushes for ‘improved competitiveness’ through consolidation of settlement on its markets

European equities broker wallet stops shrinking, but concentration on the rise, report finds

The TRADE predictions series 2025: Post-trade and the shift to T+1

UK taskforce publishes blueprint for T+1 transition

T+1 will release £1 billion of margin in the UK, says BoE

Cooley’s 2023 Cross-Border M&A Year in Review: Navigating Choppy Waters into a More Buoyant 2024

Fireside Friday with… ING Bank’s Stephane Malrait

The TRADE predictions series 2025: The evolving regulatory landscape

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