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Fireside Friday with Brown Brothers Harriman’s… Brendan Burke

The TRADE

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. Once we get past the move to T+1 in the US and Canada, the UK and EU moving to T+1, likely in 2027 or 2028, is just around the corner. This is very much an operational challenge.