DTCC is driving the initiative to cut US cash settlement rates to two days
The Depository Trust and Clearing Corporation (DTCC) is to
lead plans for shortening the settlement cycle for equities,
corporate and municipal bonds and unit investment trusts (UITs)
to two days.
The move from the current three-day cycle echoes similar
moves in Europe under the Central Securities Depositories
Regulation (CSDR), and is aimed at cutting operational and
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