FMI Focus: Canada, U.S. and Mexico’s Move to T+1
As firms across the world are discovering with their preparations for T+1 settlement cycles in the U.S., Canada and Mexico next year, the impacts of accelerated settlement are profound and wide reaching from trade fails to headcounts and treasury requirements.
Michele Hillery, DTCC General Manager of Equity Clearing and DTC Settlement Service joined moderator Barnaby Wilson, The ValueExchange CEO, along with Roberto González Barrera, BMV Group CEO, Post Trade Division; Steve Everett, TMX Group Head of Business Strategy and Innovation, CDS; and Michele Pitts, Citi Head of NAM Custody Strategic Initiatives, Securities Services, to discuss the impact T+1 is having on market participants globally, key findings from recent testing and how firms are addressing ongoing challenges.
