By Jean Comte ( November 15, 2024, 22:46 GMT | Insight) -- The European Securities and Markets Authority wants to set up an industry committee to help plan a shortening of one day to the settlement cycle, according to a document seen by MLex. The official launch is planned for January 2025, with a view to have the switch to "T+1" happening by the end of 2027.The European Securities and Markets Authority, or ESMA, wants to set up an industry committee to help plan a shortening of the settlement cycle from two days to one, according to a document seen by MLex....
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