Insights

What Is the T+1 Transition?

Michele Hillery discusses T+1 and its impact on firms trading US equities outside the US and the role UTIs have in enhancing post-trade efficiency within T+1.

By Special from Finextra4 minute videoOct 6, 2023

At Sibos 2023, Michele Hillery, Managing Director, General Manager of NSCC Equity Clearing and DTC Settlement Service, DTCC, discusses the advantages of the T+1 transition, focusing on how it will impact firms trading US equities outside the US and the role Unique Transaction Identifiers have in enhancing post-trade efficiency within the T+1 framework.

Related: T+1: The Impact of One – and Only One Day – to Settle Securities

Related: Shortening the Settlement Cycle