DTCC Proposes Path to T+1 Settlement Cycle in Two Years
By EsqSocial Corporation 25/02/21
The Deposit Trust & Clearing Corp. (“DTCC”) released a February 24 roadmap for shortening the settlement cycle for US equities by half over the next two years. The proposal anticipates DTCC’s completion of its “Project ION” using distributed ledger technology (“DLT”) to integrate and speed clearing and settlement processes....
By: Burr & Forman