Skip to main content

About the Effort

After more than three years of preparation, the final days are counting down to accelerate the U.S. securities settlement cycle from T+2 to T+1 on May 28, 2024.

It has been an enormous undertaking, with financial market participants from all over the globe taking part in preparations to ensure a smooth transition.

  • DTCC’s T+1 Conversion Guide. This details the steps DTCC will take during the T+1 conversion process, along with changes effective upon implementation of T+1 on May 28, 2024.
  • Firms should review contingency plans to ensure they are able to address any challenges should they arise, including considerations around same day affirmation, funding, and transaction processing.
  • The SIFMA Command Center will provide conversion status information, transparency into the activity of other participants, and serve as a forum for issue identification and socialization. The Command Center’s support will be most active from Friday, May 24 through Friday, May 31.
  • T+1 Tabletops: Preparing for Unplanned Events- DTCC conducted a series of tabletop exercises to assess the impacts of hypothetical outage scenarios in a T+1 settlement environment. See our summary of findings.

Other Helpful Resources

Subscribe to Incident Notifications

Subscribe to Incident Notifications

Learn More
DTCC T+1 Test Approach: Detailed Testing Framework

Updated Testing Document

Read More
The Key to T+1

The Key to T+1

Read More
ITP Checklists

ITP Checklists

Read More

5 Things to Do Be Better Prepared

Strengthening Internal Business Response Plans for T+1

Read More
DTCC Daily Reporting Metrics

DTCC Daily Reporting Metrics

Read More

About

Learn About the Steering Committee and Working Groups

T+1 Industry Playbook

Download the Industry Playbook

Frequently Asked Questions

Find Answers to Frequently Asked Questions

Documentation

Find Related Documents

Newsroom

Read Related Press Releases & Connection Articles

Settlement By the Numbers

Find More Data

dtccdotcom