Jeremiah Associates LLC
Are You Ready?
T+0 Settlement
Trade Date = Settlement Date
Nov 29 for 1 day
New York City

Since the market crash of 1987 the global securities industry has struggled to reduce the time between trade date and settlement date. There are a number of reasons for this but the main driver is risk reduction. Over the last 31 years the time between trade and settlement has been reduced to two days. Two reductions, TD+3 from TD+5 and TD+2 from TD+3, has reduced risk but the long term strategic date for settlement of equity and fixed income trades is on Trade Date.
Though it hasnít been formally announced the global industry understands that they must reach this schedule. Todayís technology, driven by blockchain processing, finally positions the industry to eliminate the lag between trade and settlement date. Participants across the industry must prepare for this inevitable change. This program will present the critical issues that must be addressed to affect this change and explore the challenges and benefits associated facing the industry.

 See below for more