https://www.financemagnates.com//institutional-forex/t1-cycle-exposes-market-to-fx-settlement-risks/
On 15 February, the US Securities and Exchange Commission adopted rule changes to shorten the standard settlement cycle for most broker-dealer transactions in securities from two business days after the trade date (T+2) to one (T+1).
The new cycle, which has a final implementation date of 28 May 2024…
T+1 Cycle Exposes Market to FX Settlement Risks
Published in Business and Uncategorized
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