Wall Street has cleared what was expected to be the last major test of the faster settlement regime introduced last week that many feared could disrupt trading across global markets.
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Wall Street Trade Failures Ticked Higher Ahead of Key T+1 Test(Bloomberg) -- The failure rate for US securities transactions climbed on Thursday, in a timely reminder of the lingering challenges from this week’s shift...
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Wall Street Trade Failures Tick Higher as Next T+1 Test ArrivesThe failure rate for US securities transactions climbed on Thursday, in a timely reminder of the lingering challenges from this week’s shift to a faster trading system.
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Private Credit, Wall Street’s Hottest Trade, Has an Ugly MomentFor years, as private credit exploded into a $1.7 trillion industry, the line from the market’s biggest players was that their deals were, simply put, safer.
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Wall Street braces for faster trade settlementExplore stories from Atlantic Canada.
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Wall Street braces for faster trade settlementExplore stories from Atlantic Canada.
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Wall Street braces for faster trade settlementU.S. trading moves to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world's largest markets, but is...
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