The T+1 settlement era goes live in the U.S. on Tuesday, May 28, 2024, replacing the prior T+2 settlement system. This transition marks a significant shift in how trades are settled in the ...

NEW YORK, May 29 (Reuters) - The transition to faster trade settlements for securities in the U.S. has faced processing bumps although the switch has mainly been smooth, market participants said ...

US shifts to T+1 settlement on May 28, 2024, replacing T+2 system. Benefits include improved liquidity, lower risk, but requires precise and timely processing of trades.