Europe Weighs Following US T+1 Move in Late 2027, Officials Say

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Europe Weighs Following US T+1 Move in Late 2027, Officials Say
Financial RegulationAntonio Ocaña Alvarez
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(Bloomberg) -- European financial markets look set to follow the US example of switching to a one-day settlement cycle, with officials considering a move in ...

-- European financial markets look set to follow the US example of switching to a one-day settlement cycle, with officials considering a move in the final months of 2027.

Asset managers, banks and trade groups are concerned that settling trades on a T+1 basis could potentially prove disruptive, according to a compilation of responses to an ESMA consultation published earlier this year. The 'coveted soft landing' is here, Biden's top labor official says — and it could set Americans up for an interest rate cut in September

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