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Comment: On T+1 share-settlement move, EU’s wait-and-see approach is astute

By Jean Comte ( March 6, 2024, 10:17 GMT | Comment) -- EU market players will see the settlement cycle for share trading cut to one business day instead of two, the bloc's executive has made clear, but it is unlikely to say when until the end of the year. That will allow it to stay in step with a global move to cut settlement times, while drawing lessons from how the US implements a move in May, and giving time to work on easing industry concerns.Amid the global move to shorten the settlement cycle for share trades, the EU is in a comfortable position....

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