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DTCC Proposes Approach to Shortening U.S. Settlement Cycle to T+1 Within 2 Years

New York/London/Hong Kong/Singapore/Sydney, 24 February 2021 ‒ The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today released a two-year industry roadmap for shortening the settlement cyclefor U.S. equities to one business day after the trade is executed (T+1).

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