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On 28 May 2024, the US equities markets transitioned to a T+1 settlement cycle after more than a year of intense preparation among both domestic and international firms.


The headline aim of the move to T+1 settlement was to reduce counterparty risk exposure and unlock tied-up liquidity in the US settlement process. US equities represent over 40% of global market value, so the impact of this shift is already being felt through other regions.


In this updated paper, analysts in Thomas Murray’s Financial Market Infrastructure team highlight how the move to T+1 is affecting North America, Europe, Asia Pacific, Africa and the Middle East, and the LATAM regions.

The eBook covers:

  1. The Impact of T+1 Equities Settlement
  2. Lessons from India and Asia-Pacific 7
  3. The EU and UK Approach to T+1 Settlement in 2024
  4. T+1 Takes Hold: Opportunities and Challenges for European Markets in 2025
  5. Building Towards Shorter Settlement Cycles in Latin America, Africa and the Middle East

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