Laurel Marie Hickey, CIM, CFP, FCSI’s Post

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Wealth Advisor & Portfolio Manager

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

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