Charles Hall discusses the recent announcements that UK, Europe & Switzerland will follow the US & Canada in moving to T+1 settlement, and what it means for the market, with Andrew Douglas, Chair of the T+1 Taskforce, and James Schofield, Peel Hunt’s Director of Operations.
This conversation is particularly timely given the current market volatility and how T+1 can reduce the settlement risk.
Key points covered include:
- The implications for the UK, EU, and Switzerland
- Benefits such as receiving money a day earlier and reducing settlement risk
- Qualitative aspects like automation and doing more with less
- Futureproofing the system
