Prospects Murky for Upgrade to T+2 Settlement

Chris Pickles, BT Global Services

European market participants may be aware of trade date plus two days (T+2) settlement as an operational requirement that the European Commission could have in place by 2012, and believe they are ready, but they are not, according to participants of an industry roundtable held earlier today.

European markets will also have to confront the need to bring foreign exchange (FX) transactions down to T+1 settlement to ensure T+2 settlement of the trades themselves, says John Gubert, chairman of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: