- Welcome Message: Finextra uses cookies for services; you can change preferences at the Cookie Centre. Read the Privacy Policy.
- Markets Section: Focus on capital markets, exchanges, trade execution, and post-trade settlement in the /markets section.
- Newsletter Sign-Up: Subscribe for Finextra’s daily newsletter, breaking news, flashes, and weekly job board updates.
- EACH’s Response to ESMA: EACH responds to ESMA’s call for evidence on shortening settlement cycles.
- Shortening Settlement Cycles: EACH considers T+1 and T+0, highlighting differences and potential impacts on processes.
- T+0 Settlement: Describes various types, including instantaneous settlement and end-of-day netting in T+0.
- Comparison of Benefits: Compares potential benefits of T+0 against current benefits like reduced funding requirements and anonymized trading.
- T+1 in the US and EU: US participants estimate a 24.6% reduction in margin needs; EACH extrapolates a similar potential in the EU.
- Smooth Transition Path: EACH emphasizes the need for industry milestones to ensure an efficient transition to shorter settlement cycles.
- Additional Resources: References to related papers on the impact of DLTs on CCPs and decentralized clearing.
- Trending Section: Highlights Finextra’s top research reports and impact study reports of 2023, as well as recent appointments and conferences.
