FMI Focus: Canada, U.S. and Mexico’s Move to T+1

As firms across the world are discovering with their preparations for T+1 settlement cycles in the U.S., Canada and Mexico next year, the impacts of accelerated settlement are profound and wide reaching from trade fails to headcounts and treasury requirements.

Related: Managing the FX Implications of T+1

Michele Hillery, DTCC General Manager of Equity Clearing and DTC Settlement Service joined moderator Barnaby Wilson, The ValueExchange CEO, along with Roberto González Barrera, BMV Group CEO, Post Trade Division; Steve Everett, TMX Group Head of Business Strategy and Innovation, CDS; and Michele Pitts, Citi Head of NAM Custody Strategic Initiatives, Securities Services, to discuss the impact T+1 is having on market participants globally, key findings from recent testing and how firms are addressing ongoing challenges.