The SEC has added its support to the move from a T+2 to T+1 settlement cycle in 2024. And while T+0 remains on the table, a wholesale move has been deferred for now.
Latest articles from Trading

Regulating the unregulated: US cryptocurrency
December 20, 2021As US cryptocurrency markets continue to grow, so too does regulatory interest. But there is also an increasing acceptance of the central role that crypto will play in the financial system of the future. Kiara Taylor and Marie Kemplay report.
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The secrets to unlocking alpha in fixed income trading
December 6, 2021New developments in electronic fixed income trading will facilitate a much better experience for trading desks and clients alike in the private banking space

Basel risk limits will not curb rogue traders
May 1, 2018The Basel Accords oblige banks to use two methods to measure and limit risk – value at risk and expected shortfall – but research shows these are insufficient to curtail the behaviour of rogue traders. Damiano Brigo and John Armstrong suggest a different approach.

The profits and pitfalls of raising crypto capital
November 1, 2017Advocates of initial coin offerings see them as a quick and simple way to raise money for blockchain-based start-ups, while sceptics warn of get-rich-quick schemes and a 'Wild West' market. Joy Macknight looks at the drivers behind this new way of fundraising.

The changing face of trade in a digital world
March 1, 2017The way goods and services are traded internationally is changing, fuelled by the globalisation and digitalisation of supply and distribution chains. Are free-trade deals still fit for purpose in a hyperconnected world? Joy Macknight investigates.
Will digitalisation render protectionist policies meaningless?
February 27, 2017While governments edge towards protectionism, digital platforms already enable trade to cross borders, transforming global supply chains.

Virtu Financial senior vice-president eyes move to the mainstream
April 1, 2016Virtu Financial seems to have overcome the controversy surrounding high-frequency trading to achieve growing acceptance as an alternative market-maker at a time when bank dealers are shrinking. The company's senior vice-president, John Shay, explains its strategy.
Blockchain: less talk, more action
April 1, 2016Last year saw the blockchain hype cycle reach its peak, and its disruptive influence on the global financial services industry continues to be the subject of much debate. But after a year of talking, how far has the industry progressed in turning potential into reality?
Is it API or die for banks?
March 1, 2016Whether or not to fully embrace APIs... It is a bold question but one that many answer strongly in the affirmative. Joy Macknight investigates whether banks are truly ready to open up their applications to the world.