Operations & Technology, Global STP: Pursuit, Promise, Reality
DEPARTMENTS
The US won’t achieve T+1 until it solves the problems of cross-border trades. That requires the implementation of global straight through processing.
In the February issue of Waters, I focused on the securities industry’s efforts to achieve T+1 in the US. However, many industry participants believe T+1 will not be achieved in the US until the problems related to cross-border trades are fixed. The US has huge cross-border trade volume and the related inefficiencies cost the industry hundreds of
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