What’s a T1 settlement got to do with it? When we talk about a T1 settlement, we’re really referring to the trade settlement for securities in the investment industry. The security cycle has shortened by a day, but what does that mean for you? When I started in this industry, we had a T+5 settlement date. This meant that if you sold something, you wouldn’t see that money for another 5 days, so you really had to plan ahead. Over the course of my career, I’ve seen the cycle slowly shorten, with the goal of improving market efficiency and reducing risk. Portfolio managers are excited about the shift, and I’m excited to share a bit more about why! Subscribe on YouTube for more videos like this one! https://lnkd.in/dwceikZq #personalfinance #moneytips #powerfulmoneyhabits #smartermoneyhabits #whatsblankgottodowithit #financialadvisor #wealthadvisor #investingininclusivity #t1settlement #marketchanges #tradeeasier #securitycycle
Laurel Marie Hickey, CIM, CFP, FCSI’s Post
More Relevant Posts
-
With North America moving to T+1, reducing failures in securities settlements is more important than ever. Swift is working on a shared solution with the Unique Transaction Identifier for better tracking. Learn more here: https://okt.to/Ihu9eC #capitalmarkets #securities #posttrade #settlement #tplus1
To view or add a comment, sign in
-
As the industry braces for the transition to T+1 settlement, the role of Swift Securities View becomes even more significant. In this blog (https://hubs.ly/Q02mnlr90), explore how SWIFT Securities View is reshaping securities settlements with end-to-end tracking and transparency. #SWIFT #TreasuryManagement #CashManagement #BuySide #HedgeFunds #AssetManagers #CashSettlements #Blog #FinanceForward
To view or add a comment, sign in
-
T+1 will disrupt key operations such as securities lending, SWIFT messaging, and collateral management – for starters. Is it possible for firms to develop a holistic strategy that can accommodate multiple changes at once? Join Chris Ekonomidis of BNY Mellon and our panel of experts on Oct. 12th for an interactive discussion addressing your timely T+1 questions. Register here: https://lnkd.in/d_WZvMrE #FTFNews #FTFEvents #FTFWebinars #T1 #T0 #settlement #securitiesoperations
To view or add a comment, sign in
-
The transition to T+1 settlement marks a significant milestone in the securities industry. With implementation right around the corner, is your firm prepared for this pivotal shift? In an article published earlier this year, Adam Weiss, Managing Director of Credit, and Cameron Brogdon, Senior Accountant, discuss the implications of the new rule, its impact on the securities industry, and the actions firms must take to remain compliant. Read the article here: https://lnkd.in/ecgZ9NHK Contact Adam Weiss or Cameron Brogdon, CPA to learn more about how we can assist you. #fundadministration #privatecredit #SECregulation #tradesettlement
To view or add a comment, sign in
-
The change to T+1 settlement cycle is prompting a lot of change🔁 T+1 refers to a settlement cycle where financial securities are settled one day after the trade is executed. This accelerated settlement cycle brings many changes for the industry: 💡Our processes and systems enhance faster clearance and settlement 💡Risk management upscales to manage potential risks efficiently in less time 💡T+1 also means enhancing liquidity management so that cash and securities are available more quickly In essence, moving to T+1, BNP Paribas will operate more quickly and efficiently, and we are embracing the shift to T+1 with open arms, thanks to: 🌌 A globally consistent IT infrastructure 🌎 Our local custody franchise in the US 🚀 A wide range of additional services like AutoFX, fail trade coverage and more
To view or add a comment, sign in
-
Reduced risk, increased efficiencies and faster transactions are expected outcomes of the upcoming T+1 securities cycle, in which trades must be settled after one business day. Jeff Kerr breaks down what this required regulatory change means and how we are helping clients prepare.
T+1: One less settlement day = giant leap for faster trades
To view or add a comment, sign in
-
T+1 will disrupt key operations such as securities lending, SWIFT messaging, and collateral management – for starters. Is it possible for firms to develop a holistic strategy that can accommodate multiple changes at once? Join Chris Ekonomidis of BNY Mellon and our panel of experts on Oct. 12th for an interactive discussion addressing your timely T+1 questions. Register here: https://lnkd.in/g_wR6cj6 #FTFNews #FTFEvents #FTFWebinars #T1 #T0 #settlement #securitiesoperations
To view or add a comment, sign in
-
As the shift to a T+1 settlement cycle looms, securities firms must assess operational, legal, and technological adjustments. Explore our insights on securities https://lnkd.in/esAThtpc lending considerations for the global market, facilitating a smooth transition before the impending May 2024 deadline. Get relief from the constraints of outdated settlement cycles. Embrace the forward momentum of financial operations with our T+1 solutions, designed to reclaim valuable time for your organization. Your future awaits you. #securities #T1 #tradelifecycle #T+1 #tradesettlements #SEC #riskmanagement #finance #financetransformation
To view or add a comment, sign in
-
Mutual fund investors picking up costs for T+1 Investors beware! The move to T+1 settlement may not be as cost-effective as it seems. While benefits like reduced margin and collateral costs accrue for trading and firms with direct access to the CSD, buy side investors relying on settlement agents may not see any cost reduction. In fact, mutual funds with underlying international securities compilations may have to fund settlement differences from T+1 to T+2 or more, adding complications and costs. Under consumer duty regulation, investors should be made aware of potential costs and risks. Have you discussed T+1 implications with your investors yet? #Tplus1 #Settlement #InvestmentRisks #ConsumerDuty
To view or add a comment, sign in
-
Securities, Capital Markets, Financial Institutions, KYC, FCC, Transconstellation programme at Solvay Business School
Automation and transparency are key to reducing fails in a future with shortened securities settlement cycles. And with North America’s move to T+1 fast approaching, there’s no time to lose. The Swift community is collaborating on a shared solution with adoption of the Unique Transaction Identifier that enables end-to-end transaction tracking. 👉 Read more about the benefits and how you can get ready today: https://okt.to/rjK6xX #capitalmarkets #securities #posttrade #settlement #tplus1
To view or add a comment, sign in