NEWYORK -- The Securities Industry Association (SIA) announced on July 18 that it was delaying the 2005 T+1 deadline indefinitely, the third time the migration has been delayed from the original 2002 deadline. The US-based group will not set a new deadline until 2004. Instead, the SIA suggests the association and the industry focus on STP.
Marilyn Ladner, first vice-president at Canada-based Mellon Global Securities, says her company had been expecting the delay for some time. She says there
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails