Risk, Cost and Geographical Concerns Limit Shorter Settlement Moves

Canary Wharf at night
FPL's 2013 EMEA Trading Conference was held at Old Billingsgate, in the City of London.

Prompted by a question from the audience during a panel on post-trade infrastructure, moderated by Laura Craft, co-chair of the FPL EMEA Post-Trade Working Group and director of equities and fixed income at Traiana, attendees said that concerns around time zone differences and trade practices would make it difficult to move to same-day settlement.

"There are foreign exchange (FX) considerations and securities lending considerations, I think T+0 is aspirational but regulators won't force us to do