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ESMA shorter EU-settlement cycle report could come this month, document shows

By Jean Comte and Helena Freitas ( November 14, 2024, 15:18 GMT | Insight) -- The much-expected report of the European Securities and Markets Authority on the shortening of the settlement cycle could be published as soon as this month, minutes of a Board of Supervisors meeting show. The document will highlight the steps needed to switch the maximum time needed to formally settle a trade from two days to one day.The much-expected report of the European Securities and Markets Authority, or ESMA, on the shortening of the settlement cycle could arrive as soon as this month, minutes of a Board of Supervisors meeting show....

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