Monday, July 7, 2025
17.9 C
London
HomeBankingEach responds to Esma call on shortening settlement cycles

Each responds to Esma call on shortening settlement cycles

Date:

Pair Sentenced to Jail for $15M Crypto Fraud Scheme

A Deep Dive into the Conviction of Cryptocurrency FraudstersHighlights:...

Trump Proposes Tariff Rates of Up to 70% as New Letters Are Sent Out

Exploring the Implications of Donald Trump's Proposed Tariffs on...

The Payments Association Urges Enhanced LGBTQIA+ Diversity in Payment Systems

Advocating for inclusivity in payments to drive innovation and...
  • 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.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories