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Comment: UK’s T+1 trade settlement plans need to keep an eye on wider picture

By Sofia Gerace ( April 9, 2024, 14:56 GMT | Comment) -- As the UK prepares to move to a faster trade settlement system, two questions remain unanswered. How will it play out, and will the UK move at the same time as the EU? The industry is waiting for answers as businesses will have to change how they operate, starting from improving their own technologies. The challenges concern small businesses in particular, which might not have the same resources multinationals have.Asked by an expert group about the UK's plans to move to faster trade settlement, about half of the country's investment industry labored a need for coordination with the EU so there would be effectively one migration instead of two....

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